Replies to post #98433 on Savvy Trades and Investments

[Knowledge is King]

Thanks for the detailed reply, SSK...good luck!

[swampboots]

High interest rates promote banking profit spreads, offset by increased loan defaults. Many more people currently locked in to long term mortgages unlike the 2008 adjustable versions (we only have 2 million nationally). Buffet must agree with you as be bought CITI (C) which went up 12% when announced couple weeks ago, , since fell below his buy announcement.
Only thing I am sure is that spirited debates will continue on severity of recession..all is good news for me as I held too much cash for over a decade in one percent short term bonds waiting for the "more".

[nelson1234]

CUBI earnings out, seems like they hit their numbers...but nuting extraordinarily bad or good. Any thoughts on this one?