Replying to @keke006:Hi, tks for reading my post & sharing your views. The midterms will likely try to stabilize consumer sentiment & drive broader market recovery once political uncertainty clears.
Although inflation remains sticky, resilient US economy means steady employment and consumers cont'd to repay loans & minimize default risks.
Lastly, Noto aggressive share buyback strongly indicates his views of current selloff as a major undervaluation rather than a structural crisis. Agree ?//@keke006:Ngl -36.56% YTD with record numbers is rough. I’d worry the market’s pricing loan risk before Q2 — who’s really underwriting $32 that fast?
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