Auto Loan Affordability Tanks, and Delinquencies at Three-Decade High

Subprime is securitized into ABS derivatives that’s reminiscent of mortgage-backed securities that were responsible for the Great Financial Crisis.

Bubble, Bubble, Housing Market Toil and Trouble: Capitulation

Buyer sentiment and data points appear to have entered a phase that mirrors the Great Financial Crisis housing bust to boom cycle, or worse.