The Breakdown cover image

A K-Shaped Recession?

The Breakdown

00:00

Car Repossessions - Are We Starting to See a Bump in Car Financing?

Small business optimism index is at its lowest point in nine years. Hiring intentions have recorded one of the largest monthly drops on record. Credit card balances absolutely cratered during covid because both people were buying less and also because they had more money coming in to pay down debt. The counterpoint is that credit car debt is back on the rise, and savings or down.

Play episode from 08:03
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app