Mind The Residuals——-Why The New Car Bubble’s Days Are Numbered

By SPENCER JAKAB at The Wall Street Journal Mayday, Mayday! U.S. auto sales, due Tuesday, are set for their biggest year-over-year drop since the financial crisis. But this isn’t a reason to panic. Neither stock-market jitters nor interest rates are at fault. Instead, blame Grover Cleveland. The former U.S. president decided to commemorate Labor Day […]
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