Subprime loans accounted for 21% of US new vehicle sales in January 2015, trending above the pre GFC level of just over 16% for seven consecutive months since June 2014.(Goldman).Note how the subprime car loans is well above the levels reached in 2008.
Is this going to be next financial headwind? Are auto sales bound to slow down in a major way?
More details in The Peter Dag Portfolio on www.peterdag.com
George Dagnino, PhD
Editor
The Peter Dag portfolio
Since 1977
The Peter Dag portfolio
Since 1977
Disclaimer. The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
STRATEGIC INVESTING FOR UNCERTAIN TIMES.
Learn how to manage your portfolio risk and sleep comfortably. Improve the certainty of returns by taking advantage of business cycle trends. Learn to use simple hedging strategies to minimize the volatility of your portfolio and protect it from downside losses.
You will receive your user id to access 2 FREE issues – and all the previous ones - of The Peter Dag Portfolio. Email your request to info@peterdag.com. New subscribers, please.
FOLLOW ME ALSO ON TWITTER @GEORGEDAGNINO FOR MY LATEST VIEWS.
No comments:
Post a Comment