Tag Archives: U.S. Auto

The Credit Overhang: The Differing Recovery Trajectories Of U.S. Auto Companies and Homebuilders

U.S. automakers and homebuilders both operate in markets that are highly cyclical. Each cycle has had somewhat different dynamics. However, industry specifics aside, these two sectors have generally been similarly affected by economic downturns. In terms of credit quality, the recession that began in 2007 had severe effects on issuers in both sectors: General Motors […]

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