Financial Fallout: The Aftermath of the LA Fires I Feb 7, 2025
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Manage episode 467719118 series 3617485
In this episode of Beats Roundtable Wall Street Beats pros, Steve Lamar, Robert Marcin, and Charlie Peabody dive into key market trends, starting with the potential losses banks face from jumbo mortgages tied to the LA fires. They discuss the timing of potential write-offs, the impact on credit card defaults, and broader risks to financials. Robert provides an in-depth take on Skechers’ earnings, its valuation challenges, and long-term growth potential, while also sharing insights into a high-risk, high-reward lithium battery stock. Plus, key investment plays and market sentiment heading into the weekend.
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