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Uh-oh: auto loan delinquencies hit a new high

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Repo ManEconomists aren't typically known for their unbridled optimism. They tend to be a cautious lot, who seem most anxious when the markets are doing well. They trade nervous glances waiting for something to go wrong. Has something gone wrong? Maybe so: the Federal Reserve Bank of New York has confirmed that auto loan delinquencies are at their highest...

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