Somehow we've survived nine months since the inversion. It makes me wonder, if it's so obvious there will be a recession and the Fed has almost always let a recession happen, how are they so afraid of overreacting vs. underreacting?
As much as the interest rates have dropped, the auto financing deals are not as good as 2012-2014. I see that places like Germany are now negative rates for bonds across the board, so how much do they pay on auto loans? A casual browsing of sites like kredit.check24.de suggests 0.9-1.9% is common for 4 years, but it makes you think of what the reality on the ground is. If Denmark can have negative mortgage rates maybe people can get paid to buy cars too!
https://www.cnbc.com/2019/08/12/dani...est-rates.html