Billionaire Chamath Palihapitiya Warns One Metric Hinting US Liquidity Crisis, Says Credit Health of Americans Blinking Yellow
Billionaire Chamath Palihapitiya is warning that one metric suggests that the financial health of American consumers is deteriorating. In a new episode of the All-In Podcast, Palihapitiya says he’s keeping a close watch on the price-to-book ratios of subprime lenders Capital One and Credit Acceptance. Investors use the price-to-book ratio to evaluate whether asset-heavy firms … Read more