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.

The Recession Arrived With Wardogs and Goldilocks’ Hopium in 2023

NATO’s proxy war in Ukraine is an unpredictable wildcard on this poker table that will impact the world economy more so than it already has.

New Car Sales Plunge as Affordability Tanks and Repos Spike

Deteriorating supply vs. demand in the auto industry and warnings about indebted plebes with car loans slated for the delinquent parking lot.