Lou Whiteman
👤 SpeakerAppearances Over Time
Podcast Appearances
isn't there.
The stock is pricing in them figuring out a lot of things from here.
They may do it.
I'm not saying they won't, but I just have to say neither.
I reject your premise, Travis.
It should work because real estate matters.
They have all of these properties, what, 40 something, 50 properties.
It should work.
Again, I haven't necessarily felt compelled to buy in myself.
I don't know when, but I do think that I probably believe they're not going under, it's not a trap, and that they will figure out a way to make this work eventually.
I just don't know how long that would take.
I guess I'll squint and say value, but yeah, it should work, darn it, and it so far has not.
Very cautious.
Not terrible, but cautious, I think is what I would say.
We like the banks because the banks are a barometer for the economy.
Let's focus on loan growth, Travis.
Bank of America, loans up 8%.
JPMorgan Chase, 9%.
Citi, 7%.
Glass Half Full, that's a confident consumer.