The following chart shows the 2-year moving average of the annual change in the ratio of motor vehicle loans divided by wage and salary accruals.
Click to enlarge.
Motor vehicle loan growth is exceeding wage growth by more than 4%. Dare I mention the parabola?
Welcome to 2001.
St. Louis Fed: Custom Chart
Tuesday: Case-Shiller House Prices - Here is the Zillow forecast (They've been very close each month): The January Case-Shiller national index is expected to grow 6 percent year-over-year and...
6 hours ago