Interest rate is expected to rise this year, maybe sooner this summer. Also, car financing might be bit bubbly like housing in 2008. With the combination of this information, chart looks bit exhausted. It is sure thing that we have to be really cautious. Also, summer slow down is coming too!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.