Originally Posted by
stabapch
Most of the articles that I’ve read say this is a “red flag” for the economy and these were ones just put out a month ago. You can google them.
So....I did Google "red flag for economy".
Got a dozen articles.... SOME of which mentioned the auto loan thing...
Maybe you read the headlines, but not the articles?
NONE of the economists quoted in those articles actually predicted a recession, based on the auto loan delinquency thing.
Most of them just said it's
one indication of "not all is quite as rosy" with the full-employment current economy.
But, whatever.
I am definitely no pro on calling economic ups and downs....or my boat would be a lot bigger...and I'd be living on it!!
