Market Crash Warning: Don't Get Caught Holding These 3 Auto Stocks
Nissan Motor(NSANY) InvestorPlace·2024-04-30 18:43
When the economy takes an eventual downturn, retail companies are the first to suffer, followed by the automotive sector. Currently, cash is becoming more expensive by the day, as consumers are reluctant to file for loans until the Federal Reserve begins cutting rates.For car companies, this two-pronged attack can sometimes be fatal, despite financial potential. This is due to the fact that they rely on customers buying new cars to maintain replacement part revenues for years to come. Should a crash occur, ...