Not sure where this stock is going except lots of 5 Year Fixed ending all over the place rolling onto 5-8% rates depending on your US credit rating, and Banks in trouble but in a diff way to 2008 Sub Prime. Things................ may get worse IMO before getting better as Peter Schiff
is warning strongly just as he did before the GFC and no body listened!! Awful lot of Debt around now and Rates up and up and something has to crack soon with printing again all they can do to rescue the banks and backstop deposits and it all has to be paid by the Govt/people after the insurance portion is exhausted.
Leverage is calculated between 2x and maybe up to 4X !!! than last time, so this may be epic and Will Cred Intel be there to handle the deluge of customers in trouble?
Discuss please....
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