The Traderszone Network

Published in TZ Latest News 1 July, 2014 by The TZ Newswire Staff

US Auto Sales Reach Highest In 8 Years

US auto makers just printed an annualized 16.98 million sales – dramatically beating expectations for the 2nd month in a row and the highest since July 2006. As we warned earlier, the reason is clear (massive extension of credit to the lowest credit quality sector of the market).

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