CFR getting hit hard on China slowdown and weak luxury demand but the long-term view hasn't changed. Their…by @jse_tttrading on $CFR

CFR getting hit hard on China slowdown and weak luxury demand but the long-term view hasn't changed. Their watches and jewelry still have pricing power even if volumes are soft right now. Inflation is actually helping them more than hurting since their brands can pass costs through. I'll keep holding as long as it takes, valuations at these levels are decent for a global luxury player with that brand portfolio.