Buy Now, Pay Later may DIE | Consumer is F**K'd

Buy Now, Pay Later may DIE | Consumer is F**K'd

Opinions

Qualtrics Debt (debt)

A major debt sale by JP Morgan was halted due to lack of investor demand, and existing debt is trading at a steep 14% discount.

CLA (stock)

The stock's performance is described as 'even worse' than Affirm's, having dropped about 75.5% since its IPO.

BRENT (commodity)

UBS forecasts a sharp price increase to $120-$150 per barrel if the conflict in Iran leads to a prolonged closure of the Strait of Hormuz.

AFRM (stock, NASDAQ)

The stock has fallen approximately 50% year-to-date due to concerns that its funding from private credit firms is at risk amidst market stress.

KBWB (ETF, NASDAQ)

The bank ETF has declined 15-16% from its highs due to fears of the banking sector's exposure to the struggling private credit market.

Topics

Buy Now, Pay Later (BNPL) Industry Risks

Geopolitical Impact on Oil Prices

Recession Risk