Veteran investor with experience navigating market highs and lows. Champion of financial discipline & enjoys discussion of news, entertainment and sports.
@whatRanjuSaid@dougboneparth If someone is down big time this past week, hopefully they made so much in 2026 that this week would pale in comparison because those stocks getting hammered the past week are the ones leading the market in 2026.
@SudokuMonster66@unusual_whales You hit the nail on the head. These are secured loans, which means when a bank or financial institution floats the money, they can always come and repossess it if they don’t receive payment. Now ppl are driving fancy cars & they don’t have money for other expenses.
@Barchart@SoFi $SOFI is a low-tier bank right now. Their risk model is much lower than most banks, and you can see it in their default %. Them pushing OpenAI, a company that may turn a profit by 2030 says a lot about them.
@damzielinski@zerohedge Yes in Q1 GDP growth was 5.15% and inflation growth was 3.5%. Actually growth was 1.6% I’m saying that it’s not looking good for Q2.
@FoxNews Check my posts. I've been saying this ever since it started: there was never going to be a deal. If you know your history and understand what the regime does, it's delay, delay, delay. Every time Trump thinks it's going to be a deal, they delay some more.