Extraordinary value destruction

Short note on something that should be getting more mainstream press...

It is remarkable to see the traditional U.S. packaged food stocks down 30–50% since Trump was elected… and the RFK regime has taken over...

Approaching all-time-low multiples, I would assume, at these levels. Catastrophic value destruction with seemingly no reprieve.

Yet look at the global snacking stocks…

Mondelez is the most international, so perhaps th…