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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks U / Upstart Holdings (UPST)
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Author: earslookin ✭x2  😊 😞
Number: of 123 
Subject: Re: Credit Card Delinquencies Up
Date: 09/01/23 12:40 PM
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Upstart's UMI Index is still rising. At 1.71 as of July. Meaning they believe
the macroeconomy is causing default rates to be 71% higher than the long-run
average.

The Upstart Macro Index (UMI) estimates the impact of the macroeconomy
on credit losses for Upstart-powered unsecured personal loans. UMI is expressed
as a multiple of defaults relative to a static baseline due to macroeconomic
changes. For example, a UMI of 1.25 for a given month suggests that the macro
caused default rates to be 25% higher than the long-run average.


upstart.com: Upstart Macro Index - UMI

Ears
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Members reply directly to earslookin here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 123 posts about Upstart Holdings. The article-length ones it recommended most:
Upstart, an introduction · 17 recs · 2022
Upstart's cash burn · 13 recs · 2023
Upstart Breakeven Analysis · 8 recs · 2023
Upstart (UPST) Q2.2023 Forecast · 6 recs · 2023
Q1.2023 Forecast · 5 recs · 2023
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