Structural breaks are a b*tch. Just ask this guy.
He engages in ‘retail arbitrage.’ Buying up goods from various sources, typically retail stores and reselling them online at Amazon (or eBay) to make a profit. A reasonable, if time-consuming and risky way to make money in normal times. Here’s the problem: he’s now stuck with a bunch of hand sanitizer and face masks because online marketplaces won’t allow him (and others) to re-sell these now vital goods at a mark-up.
Read the Full Article Here: https://abnormalreturns.com/2020/03/14/structural-breaks-can-only-be-known-in-hindsight/?utm_source=Daily+AR&utm_campaign=be9ce155c7-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c08a59015d-be9ce155c7-140320913
Author: Tadas Viskanta