Charts For A Crazy World: Hot Money Spawns Weird Trends
This is a time of almost supernaturally-easy money. US financial conditions, in fact, have never been this accommodative, which is why junk bonds, CLOs, NTFs,
This is a time of almost supernaturally-easy money. US financial conditions, in fact, have never been this accommodative, which is why junk bonds, CLOs, NTFs,
Long credit cycles like the current one always end with a crash. But first they deteriorate. The headline numbers remain positive while under the surface
The past decade’s historically low interest rates convinced millions of Americans to buy cars they could only afford with hyper-cheap credit. This made auto sales
New car sales have been one of the bright spots of the US recovery. And they’re still at it: September U.S. auto sales to rise
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