"Buy now, pay later usage surged 85% during cyber week versus the week prior. Buy now, pay later or BNPL users say that they have made a late payment on a loan. There is increased investor focus on BNPL credit quality during a recession or a bear market," says Andrew Wang. "The U.S. savings rate is at a low level with 2.3% nationally. People will find themselves in financial distress quickly. I am focused on PayPal (PYPL), Affirm (AFRM), and Block (SQ) stocks," says Ed Butowsky.
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