Its totally driven by a finance bubble. There is plenty of talk about lofty auto loans in the US right now. Same thing with boats and RV's. Job rates are fairly steady so everyone feels good about signing long term debt obligations for toys. You'll notice the big manufacturers are pulling in the reigns and announcing big layoffs (See GM and Ford) even though they are making money. They know the writing is on the wall for a big pull back. Financing has a way of pulling years of demand forward and driving up prices in the near term. The hangover is a real b**ch however. Housing bubble 2.0. Keep yer powder dry. Deals will come.
Last edited by The Elkster; 05-21-2019 at 02:01 PM.
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