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Posted by
Two Blokes April 24, 2025 -
Filed in
Stock
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13 views
Tariffs and economic indicators suggest the US may face a recession, benefiting pawn shops like EZCORP due to increased demand for alternative financing. During economic downturns, pawn shops thrive as consumers avoid selling equity at a loss and turn to pawning valuable items, especially gold jewelry. EZCORP has a strong financial profile, with 68% of its inventory in jewelry, positioning it well to capitalize on rising gold prices and tighter credit markets.
