LendingClub: Levered Play On Soft Landing

Michael Vi In my last article on LendingClub (NYSE:LC), I set out my thesis on why I believed it would outperform SoFi Technologies (SOFI). The article was published on the 17th of June and since then, LC has outperformed by a wide margin of ~23%. Data by YCharts In this article, however, I will set out why I believe LC is set to massively outperform the market, especially if the economy should glide into a soft landing patch. As a point of reference, Mohamed El-Erian, chief economic adviser at Allianz  ...