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Why "buy now, pay later" is a win-win for companies and consumers
Description
John Petrides, portfolio manager at Tocqueville Asset Management, is a good friend and a favorite regular here on Wall Street Unplugged.
Today, John shares his predictions for the Fed meeting later this month... including what he expects to hear in terms of tapering plans. [00:50]
There are still a lot of unknowns surrounding the new tax plan making its way through Congress... and John lays out the issues it could create for investors. [4:18]
Then, he explains why "buy now, pay later" (BNPL)—an exciting new consumer trend we're seeing across sectors—is great for both consumers and companies… [16:10]
Finally, John highlights one sector he likes for income investors... and one of his favorite plays on it. [28:00]