The Fed could instantly claim victory and pocket the kudos.
Carmageddon for cars. But big equipment is hot and gets pricier.
They’re engaged in a highly competitive, saturated market, dominated by finicky Americans who demand top quality, but who drive their vehicles less.
Part of Carmageddon, But Consumers Demand It
My couch, jeans, car, PC, sheets, and phone weigh in on globalization and the internet.
This, despite still ultra-low interest rates and highest disposable income ever.
Transcript of my podcast.
The economy is in a “very good place,” says Trump’s man at the Fed. And the Fed’s favorite inflation measure ticks up.
Impact felt by the real economy and the most vulnerable consumers.
But what will happen to banks and automakers when the cycle turns?