Subprime is always in trouble, and now, after the reckless-subprime lending era, more so. Prime is in pristine shape. Car-Mart joins our Imploded Stocks.
If you, or someone you know, live in that world beyond spreadsheets, work in high level business analytics, understand basic data science, predictive modeling, forecasting, neural nets, etc., please read on.
19 are below their 2022 peaks: Austin -20%, San Francisco -10%, Phoenix -8%, San Antonio -7%, Denver -7%, Sacramento -6%, Salt Lake City -6%, Portland -5%, Dallas -5%, Seattle -5%, Honolulu -4%…
But this stuff takes years. Until then, the massive spending from corporate balance sheets and cash flows that circulates & circulates is very stimulative.