When at least 3 readers receive, at exactly the same time the following email…
From: Bank of America
Subject: Now is a good time to buy a car or refinance
… Then two things become abundantly clear:
i) what we wrote a week ago in “A Tale Of Two Credit Markets: New Auto Loans Highest In 9 Years As New Mortgages Slump Near Record Lows” is nothing but the truth, and
ii) the next subprime car loan bubble is now in play.
via Zero Hedge http://ift.tt/1rTVMLN Tyler Durden