There's a notion among central banks of the global economy that goes like this: if you lower interest rates, you will get economic growth. On the surface, it makes sense; easy monetary policies by central banks are supposed to...Read More
Author: Michael Lombardi
Last week I wrote about how auto loans have reached their highest level since the third quarter of 2007 and how easy access to these loans was pushing car sales higher. (See "Scary Story on the Booming Auto Sales No One is...Read More
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