https://finance.yahoo.com/news/no-one-saw-coming-kevin-133000274.html

“No one saw this coming,” entrepreneur Kevin O’Leary said in a recent interview with Larry Kudlow of Fox Business. And O’Leary believes the issue will manifest itself in the regional banking sector. “These banks are going to fail,” he said, “because up to 40% of their portfolios … are in commercial real estate.”

  • hexaflexagonbear [he/him]
    hexbear
    31
    9 months ago

    Also isn't O'Leary one of those guys that got lucky once and has been undeperforming the rest of the market for the past 30 years? Idk if he's a good source for any sort of analysis lol

    • fox [comrade/them]
      hexbear
      14
      9 months ago

      He sold a shitty edutainment software company to Hasbro or something and he's been cruising ever since. Sometimes literally like when he murdered someone by cruising his boat over theirs.