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50 Shades of Down 4/25/23

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Chipotle CEO just on CNBC:

“We are selling ultra-processed food crap to our customers and are proud of it. Our long term goal is to go max obesity in the US and we see ourselves as an unique contributor to reach that ambitious goal“.

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8 minutes ago, fxfox said:

Chipotle CEO just on CNBC:

“We are selling ultra-processed food crap to our customers and are proud of it. Our long term goal is to go max obesity in the US and we see ourselves as an unique contributor to reach that ambitious goal“.

True. 

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‘There is $37 billion worth of securitized multifamily loans set to expire in the next two years where rental income either isn’t enough to cover debt payments, or covers it with less cushion than is considered standard, according to real-estate data firm Trepp LLC. For comparison, that is more than twice the amount of at-risk loans in the office sector’

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