After the Federal Reserve initiated quantitative tightening (QT) in late fall of 2017, I published “96-Month and Subprime Auto Loans – It is All Good Until…” in May of 2018. At that time, household debt was at an all-time high, the Fed was raising interest rates at...
For nearly two weeks with no end in sight, peaceful protesters in Canada from all walks of life have openly opposed tyrannical mandates and restrictions that were born out of the COVID pandemic. The common man will not cease in their resolve until the illegal mandates...
The global semiconductor shortage has governments and the companies that fabricate chips and the machinery to build them racing to expand capacity to meet demand while staying ahead of technological advances (Moore’s Law). Some companies only design chips, while...
Watchful financial commentators have been talking about the retail-pocalypse and the declining housing market of late, and those are certainly fair indicators of an American economy in jeopardy. Yet, we must not ignore “car-mageddon,” the precipitous decline in...
Panicking during a market downturn is the expected and therefore boring choice. However, when it comes to the auto industry, investors should consider backing off their contrarian instincts. While the sector itself should continue to make fundamental gains over the...