Downtown Josh Brown

They were all there.

There is no hotel.

There is no hotel chain and there is no specific property that's in a desirable location that is seeing anything less than 92% occupancy or whatever the latest numbers are.

And that's a great point.

I'd way rather look at that

Take the temperature of the consumer that the stock market cares about aka the stock market American Versus look at a chart of Shake Shack Wendy's right McDonald's tell you shit Shake Shack blew up.

It's in a 60% drawdown because They guided lower

based on napkin costs, paper costs, and beef costs.

That tells you zero about the state of the consumer.

That tells you they're not handling their goods inflation very well.

Well, that's a whole other layer.

So, oh, you have a mystery chart for me?

I do.

Put it up.

Look at this piece of shit.

What is it?

Bitcoin.

Because of my enthusiasm for presenting it to you?

I own this and I still want it to go to zero.

I actually think we could be seeing a false breakdown here and we might get a rip higher because I haven't seen people this despondent over Bitcoin since the last time it was in a 50% drawdown.