In this video from Bloomberg, Conor Sen shares his thoughts on sub-prime auto loans and how they will affect the over-all health of the economy. Conor maintains a positive perspective but does believe the auto industry did get ahead of themselves saying auto producers and dealers “over produced now are going to suffer for a bit”. This will result in lower sales and lower prices but this is “something that the economy should be able to handle pretty easily”.
To watch the full coverage on this topic please visit https://www.bloomberg.com/news/videos/2017-04-19/why-subprime-auto-loans-may-be-the-next-big-short-video
