Inflation Drops Most In 2 Years, but Not Everyone Is Buying It
The Breakdown
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The Market for Securitized Auto Loans Is Drying Up
The market for securitized auto loans is drying up as part of a larger credit contraction. Goldman Sachs partner, John Flood warned that the S&P 500 could drop by 2% if headline inflation increased from February 6%. If headline inflation came in at expectations or below, flood predicted to rise in stock prices.
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