Delinquencies on auto loans, credit cards and consumer loans just hit their highest levels since 2012.
— The Kobeissi Letter (@KobeissiLetter) September 3, 2023
As both rates and prices rise rapidly, delinquency rates are skyrocketing.
The average new car now costs $48,300, up from $37,700 just 4 years ago.
The average used car is… pic.twitter.com/XpPX6vnOHS
Where free is worth 14 billion. Huh?
https://finance.yahoo.com/technology/ai/articles/nvidia-paying-14-billion-company-170037102.html?ref=biztoc.com&gucc...