You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

5 Apr 2017 (AFR) – Investors nervous amid growing stress in US credit markets as auto loans sour

(5 April 2017, AFR, p26, by Karen Maley)

‘A tone of caution has crept back into US markets as investors worried that growing stresses in the car loan market could portend bigger problems ahead. The market’s mood was dampened on news that US March vehicle sales shrank to the lowest level in more than two years, weighed down by rising interest rates and the widening price gap between new and used cars. According to Autodata, US vehicle sales ran at a seasonally adjusted annual rate of…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: