The New Subprime Risk
America’s car-buying boom is fueled by so-called subprime auto loans that are very much like the infamous subprime mortgages of the 2008 financial crisis.
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Economy
Inflation Goes Global
What makes this trend worth watching is that it’s not limited to the United States, where higher prices alongside a reviving economy might be expected.
It’s Not Just Us
There’s no harm in stock market nationalism. But even if we invest 100% in the U.S., our analysis can benefit from a global perspective.
A Rocky Road Ahead…
Wall Street is seeing strong job growth as a green light for the Federal Reserve to boost interest rates at the close of its meeting on Wednesday, March 15.
Will Trump Deliver GDP Growth?
The last time the U.S. GDP annual growth rate topped 4% was back in 2000, so it will be a substantial achievement if President Donald Trump can pull it off.
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