Barclays turns neutral on consumer finance stocks as recession looms – Seeking Alpha
Jose Luis Pelaez Inc Jose Luis Pelaez IncBarclays turned neutral on consumer finance stocks (earlier positive) as they will likely get more inexpensive if a recession materializes in 2023 and “risk trading at trough multiples on trough earnings”.“Given that Barclays economists are calling for a recession in 2023, we think these stocks could get more … Read more