Michael Batnick

They're trying to get it to pop.

So it's not apples to apples.

All right, I want to make the case for something.

A couple of weeks ago, you made the very astute observation that looking to consumer discretionary stocks as a read on the consumer

Um, that was a great conversation.

There's, there's better ways to do it because it can get really sloppy really fast.

So you could look at the dollar stores or whatever.

And so like right now, I think it's invoked to look at the restaurants and it's like, holy shit, how bad is the consumer?

So this chart from consensus media shows, um, the, the same store sales growth for all of the, all of the names.

Right.

And it's, it's all over the place.

Like, um, but there's been a lot of like dark red public.

Yeah, so Chipotle, Pizza Hut, IHOP, Portillo's, like whatever, all them, Popeye's.

And if you look at all the way on the right hand, I mean, there's just a lot of stress here.

But the point is this.

Forget about even where we are today.

Look how rapidly this is changing.

Is this a read on the consumer?

I don't know.

Charloff, guess what?