“There are a number of negative implications from what we’re observing, including rising negative equity in new car loans, lengthening ownership cycles, tightening credit, and potential for deteriorating mix/pricing (And we see risk of continued deterioration as used vehicle prices remain under pressure, and new vehicle inventories remain elevated).”
Are your stocks on the list?
“But that’s the story. Hey look, in the mean time, I guess, I can’t be doing so badly, because I’m president, and you’re not. You know. Say hello to everybody OK?”
It’s do or die for the reflation narrative.
“We’ve noted individual automakers increasingly engaged in aggressive discounting. GM is suddenly standing out in this regard with incentives up $1,350 per vehicle.”
Are your stocks on the list?
Are your stocks on the list?
Are your stocks on the list?
Well I’m not sure if I’d call it “bullish”, but as I’ve noted before “less
So by now you’ve all heard the “great rotation” theory. Hell, maybe you’ve even perpetuated
Well, all eyes are on the Fed tomorrow, but by all accounts there’s really no
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