We're checking in on the consumer. New data from Vantage Score shows student loans dragging on delinquency rates. Auto loans surging past prepandemic highs.For more, we're bringing in now Silio Tavvaris, CEO and president of Vantage Score. Silio, always great to see you, especially on set. So, we are always looking as investors for lines of signing the consumer.Silio, different data, different metrics. What start big picture. What are you seeing.What do you see with the consumer based on the credit data you ...

Core Viewpoint - Companies can effectively reward shareholders through stock buyback programs, which are more advantageous than dividend payouts due to avoiding double taxation and allowing for reinvestment in the business [1] Company Overview - Wells Fargo & Company (WFC) is currently trading at $73.37, with a 52-week range of $50.15 to $81.50, a dividend yield of 2.18%, and a P/E ratio of 13.64 [4] - The company has initiated a new share buyback program worth up to $40 billion, indicating a positive outlook for the financial sector, particularly in consumer credit and debt products [5][8] Market Performance - Wells Fargo's stock has risen to 92% of its 52-week high, while Goldman Sachs is at only 80%, suggesting a defensive market view favoring commercial banks over corporate banks [7] - Institutional investors have increased their stakes in Wells Fargo by 277.4%, bringing their net position to $771.1 million, which adds confidence to the investment thesis [9][10] Earnings Forecast - Analysts forecast earnings per share (EPS) for Wells Fargo to reach $1.62 in Q4 2025, a 32% increase from the current reported EPS of $1.23, indicating potential for higher stock prices [13][14]