Investing Power Hour #68: Did Carvana Save Itself? AI ReBubble Continues; 2023 Predictions Update
Chit Chat Stocks
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The Banky Panic Is Over
Netflix reports this afternoon. I'm riding high because allies up 5%. So we're finally smart again. Did you follow any of the Big Banks at all? Yeah. The banky panic doesn't seem to be taking hold, especially not at the Big Banks. Wells Fargo had a $900 million provision for credit losses from the commercial real estate portfolio. Carvana announced agreement with note holders that will provide significant flexibility as it continues to execute its growth plan.
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