$Financial Select Sector SPDR Fund(XLF)$ $Bank of America(BAC)$ $PROPEL FUNERAL PARTNERS LTD(PFP.AU)$ 🏦 🩸 Financials they say make the world turn; today they just stalled in an elaborate collapse. As the banks crumble, I’m shifting focus to $PFP.AX Propel Funeral Partners $PFP $PFP.ASX, a fast-growing business in the Australian 🇦🇺 and NZ 🇳🇿 death industry, quietly thriving through disciplined acquisitions in a fragmented sector. Unlike rate-sensitive banks, their model isn’t swayed by credit cycles or central bank policy; mortality doesn’t move with interest rates ⚰️⚰️⚰️
🪦🪦🪦R.I.P. to the Financial sector today. I’m rotating to where the inevitable still yields returns.
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