EXEA189
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Used-car prices are sliding, and some warn that this trend could have sharply negative effects on both relevant stocks and on the economy as a whole. Indeed, the number of cars per household has reached all-time highs and car-dealer inventories are rising, according a Deutsche Bank report published this month. Also this month, Bank of America Merrill Lynch published a report titled, "Are we heading into a car crash?" and highlighted weak March auto sales as a potential warning sign for the auto sector.
http://www.cnbc.com/id/104422124
http://www.cnbc.com/id/104422124