I'm capitulating on food stocks. Down 6, 12, 18... maybe 24 months straight. KHC GIS MDLZ DEO KDP MKC

Never should have touched this sector. My portfolio in consumer staples has been evaporating like nothing I've ever seen.

KHC, GIS = absolute worst performers globally. Add MDLZ, McCormick, DEO to the carnage list.

Here's what kills me: I see people EVERYWHERE buying this junk food. Processed garbage flying off shelves. Consumers are clearly spending on these products that destroy their health. So where the hell is all that money going?

Executive compensation while shareholder value gets obliterated? Because it sure isn't showing up in stock performance or earnings quality.

And hedge funds keep dumping these stocks or shorting them into oblivion. They clearly see something I missed.

I'm done. Selling everything. GIS, MDLZ, KHC, DEO... at this point they all look headed for another -50%.

[https://finviz.com/quote.ashx?t=GIS&ty=c&ta=0&p=d](https://finviz.com/quote.ashx?t=GIS&ty=c&ta=0&p=d)

[https://finviz.com/quote.ashx?t=MDLZ&ty=c&ta=0&p=d](https://finviz.com/quote.ashx?t=MDLZ&ty=c&ta=0&p=d)

[https://finviz.com/quote.ashx?t=KHC&ty=c&ta=0&p=d](https://finviz.com/quote.ashx?t=KHC&ty=c&ta=0&p=d)

The only thing these stocks know is: falling, falling, and more red, over and over again!

Food stocks were supposed to be defensive. Instead they've been wealth destroyers. Lesson learned the hard way.

Anyone else getting crushed in this sector or did I just pick the worst possible entry points?