Comment on Kass: Has the Auto Industry Peaked?

Kass: Has the Auto Industry Peaked?

Growing evidence suggests that the automobile industry is about to pause/peak, just like the housing market did 12 to 18 months ago. Few observers are currently focused on this risk. After turning bullish on the U.S. housing market in 2010, I turned bearish in 2012. This proved correct as the residential real estate market has fizzled out over the past year based principally on a drop in affordability -- home prices have been artificially buoyed by new-era institutional investors at a time when real incomes have foundered -- and more stringent mortgage credit standards.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News