I initially recommended shorting SOFI at above $10, but I am now upgrading my rating to a "hold". The bear case for SOFI includes its high valuation and risks in a hard landing macro scenario. The ...

S&P 500 is likely to continue a downtrend following a 6.6% bounce. The current environment is stagflationary, with slowing growth and sticky inflation, making it difficult for the Fed to cut rates.