Jul. 6 at 2:32 AM
$SPY
I don’t know, everyone keeps telling me how good things are? Many people keep coming at me saying I’m spreading FUD.
What I’m posting are facts.
Charts and Data are real.
Remember, things can decline rapidly.
I see tremendous earnings coming for
$B miners and
$XOP energy. (Commodities)
I see earnings revisions coming for all other sectors heading into early 2027.
The input costs simply can’t be passed along to the consumer any longer.
Believe what you want, the consumer is tapped.
Prepare yourselves, a 6 month reserve will not be enough for what’s coming.
I see an 18 month lag.
People better get use to high borrowing costs.
If the banks can keep defaults down, they might do well? Borrow at 3.6% and lend at 7-10%
At our dealership, many of our loans are being written at 17.99% for travel trailers.
Borrowing will not get cheaper, even when the FED cuts rates in 2027.
$KRE
https://x.com/kobeissiletter/status/2073796797118484675?s=46
