06-08-2025, 10:15 AM
(06-08-2025, 09:29 AM)HoosierDaddyKid Wrote: https://fadeawayworld.net/nba/phoenix-su...t-of-money
Suns owner running out of money?
The mortgage business is highly cyclical, dependent on both the economy and interest rates.
Since interest rates are high, and the the economic outlook incredibly uncertain, business is in the tank.
I’m sure the owner doesn’t want to sell any stock (buy low, sell high, remember?), so if indeed he’s running out of cash, there are only painful ways to get there.