We’re getting closer to a big wave of auto repossessions.
November auto loan data shows a *very notable* jump in percent of Deep Subprime borrowers that are 60 days past due 🥴 (8.2%, to be exact!)
Here’s the breakdown:
'The Fed Put is gone': Experts on Wall Street are warning that the Fed can't — or won't — do anything to stop a giant meltdown as stocks get crushed amid conflict and inflation, as per BI.