⁠The Kobeissi Letter
BREAKING: US auto repossessions jumped 16% in 2024, to 1.73 million. the highest since 2009.

Over the last 3 years, vehicle seizures have surged by 600,000, or 53%.

This comes as consumers’ auto delinquencies have also risen sharply.

The share of subprime car borrowers at least 60 days past due on their loans jumped to 6.56% in January, the most on record.

Moreover, auto loans serious delinquency rates (90+ days) hit 3.0% in Q4 2024, the highest in 14 years.

US consumers are beginning to default.
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AkhenOsiris
ELON HAS ANOTHER BABY! 🎉
- Sam Altman
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⁠Finding Compounders
Michael Burry’s investment strategy

Source:@marketplunger1 https://t.co/XOSzngoMdI
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⁠Finding Compounders
Peter Lynch on which stock to avoid https://t.co/OJoaopdeoj
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⁠Hidden Value Gems
Luxury shops are mostly empty, five assistants in an empty Gucci shop.

This is Terminal 5 (Heathrow).

$KER.PA $WOSG.L $BRBY.L https://t.co/OpZeJ56knA
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⁠Finding Compounders
Warren Buffett in his 2013 letter lists certain fundamentals of investing https://t.co/t1tcfvZHhH
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⁠The Kobeissi Letter
BREAKING: US stock market futures fall nearly -1% as “Literation Day” begins. https://t.co/psfW1ZNoP5
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⁠Finding Compounders
Howard Marks on day traders

Source: r/unusualwhales https://t.co/bCFZlVSpq9
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⁠The Kobeissi Letter
BREAKING: US stock market futures fall nearly -1% as “Liberation Day” begins. https://t.co/hf2gO3AHg4
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