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The US Consumer Has Cracked: Discover Plunges After "Shocking" Charge-Off Forecast
Article By:
Tyler Durden
Thursday, January 19, 2023 3:45 PM EDT
While big banks are diversified enough to deflect attention from spiking charge off rates on their balance sheets, some of the smaller credit card companies cannot avoid the reality that the US consumer has cracked and a wave of defaults is coming.
"Nasty Squeeze" On Deck: Last Week's Shorting By Hedge Funds Was "The Second Largest Ever"
ROTFLMAO, Fraud St and cronies unregulated manipulation stock markets fell last week and more for valid reasons. Rest assured we ain't seen nothing yet 🐻❤🤑😈✔ $F $SYF $TSLA $AAPL $AMZN and more... enjoy the Armageddon Depression.