Consumer Loans are up and increasing. JPMorgan and Wells Fargo combined have set aside $2.3 billion for bad loans. This should be a lightbulb moment for all of us. The consumer is barrowing to keep their head above water.
Notes is a new space on Substack for us to share links, short posts, quotes, photos, and more. I plan to use it for things that don’t fit in the newsletter, like work-in-progress or quick questions.
How to join
Head to substack.com/notes or find the “Notes” tab in the Substack app. As a subscriber to QQQ Trading Idea's, you’ll automatically see my notes. Feel free to like, reply, or share them around!
You can also share notes of your own. I hope this becomes a space where every reader of QQQ Trading Idea's can share thoughts, ideas, and interesting quotes from the things we're reading on Substack and beyond.
If you encounter any issues, you can always refer to the Notes FAQ for assistance. Looking forward to seeing you there!