FITCH: “Global car sales “are likely to decline by around 3.1 million units in 2019, a larger decline than in 2008 ..”
(via @FitchRatings @pattidomm) pic.twitter.com/nAaV5R8npo
— Carl Quintanilla (@carlquintanilla) November 25, 2019
This sounds vaguely familiar >>Yield-crazed investors pile into US subprime car loans
The market for securities backed by the riskiest US car loans is booming, as yield-crazed investors shrug off nagging concerns over the health of the American consumert.co/KSk3IhZZ40 pic.twitter.com/LAtNmBQRfs
— 𝕮𝖍𝖎 🛢️ (@chigrl) November 25, 2019
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