Growing Recession Worries Are Hitting Fintechs. 2 Bargain Stocks to Consider.
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President Donald Trump’s “Liberation Day” could make it worse. Shares of Venmo owner PayPal online personal loan companies SoFi and Upstart and “buy now, pay later” lender Affirm are all down more than 20% this year. Renewed worries about inflation due to tariffs and growing fears of an increasingly sluggish U.S. economy (some say recession while others call it a mere “growth scare”) could reduce demand for consumer loans.
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