Dan McMurtrie, Discover and Read the Best of Twitter Threads by @SuperMugatu

Dan McMurtrie

SuperMugatu

Hot Take: “Value” in the way most people use the term is never coming back. Most of the factors people look to for a potential “return to value” (rates, inflation,

The market is probably correctly pricing virus re closures as forcing expanded UI, more fiscal support etc. SPX will correct to 2600-2900 if it has to force Congress. Base valuations

How much of the economy can die before it materially impacts megacap companies? Is there any actual reason America’s economy can’t be ~100 companies? Are democracy or private property really

This is the hand. Flop: is the curve flattening?Turn: does the virus go away? second wave? can we fully re open and when?River: what does the economy look like after