The head of our macro team, Sebastian Svensson-Bromert, explores the health of the US economy and the possible headwinds with the US automotive industry as a starting point. If you want to contact him or if you have any questions regarding the report, please send an email to:

Case summary:

  • Weakening auto sales
  • Increasing delinquencies for auto-loan debt
  • Divergence between soft and hard data
  • High expectations on financial stimulus
  • Comparably high asset valuations

Read the full report