MMP's 14.72% decline to R2683 today is sharp, but I've seen industrial cyclicals face worse during macro tr…by @liz_old_school_jse on $MMP

MMP's 14.72% decline to R2683 today is sharp, but I've seen industrial cyclicals face worse during macro transitions. The real question is whether this reflects genuine earnings deterioration or sector-wide deleveraging; need to check where management guided earnings before panic