#America'sNextTopBubble

America's Next Top Bubble: Delinquencies Down, Deals Up In ABS Land

The largest asset-backed securities deal since prior to the mortgage crisis, worth $1.6 billion, was announced last week. Meanwhile, one ratings agency is touting their low delinquencies as positive signs in the ABS market.

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Lou_BC Actuality a very reasonable question.
Lou_BC Peak rocket esthetic in those taillights (last photo)
Lou_BC A pickup for most people would be a safe used car bet. Hard use/ abuse is relatively easy to spot and most people do not come close to using their full capabilities.
Lorenzo People don't want EVs, they want inexpensive vehicles. EVs are not that. To paraphrase the philosopher Yogi Berra: If people don't wanna buy 'em, how you gonna stop 'em?
Ras815 Ok, you weren't kidding. That rear pillar window trick is freakin' awesome. Even in 2024.

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America's Next Top Bubble: Delinquencies Down, Deals Up In ABS Land

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