$1 Club, page-22741

I think today's dump in BNPL stocks after a sweet morning rally was likely stirred by the big 4 banks who made a rate hike prediction: https://www.copyright link/policy/economy/cba-calls-interest-rate-hike-in-late-2022-20210623-p583g9. But fear not. US 10 year bond yield is dropping in contrary to the hawkish calls in the media. IMO, the interest rate hike fear were conjured by the big players who control the media to make people sell bond so that they can buy back to exit their massive short positions. The Fed says they may need to raise the interest rate, but they still buy bonds at historic rate ($120 billion per month). They say one thing, they do another. Seriously, the US govt can't afford a higher interest rate. Their debt is ballooning. Low interest rate environment is good for growth stocks, especially BNPL stocks. This is why Nasdaq is climbing up lately. I am very bullish in BNPL stocks (Z1P, APT, IOU, OPY). Just my opinion. Not a financial advice. GLTAH.