No industry is spared. Stagflation is a period with no growth and rising rates to battle inflation and even gold stocks will continue to get decimated.
The data is now starting to show what was obvious for the last year if you eat, travel or drive.
There is so much money in the system yet so little organic growth.
Churn is the result. Think hamsters on a wheel.
I repeat – it sucks (even more than my video).