Seeing alot of similarities of the fall of CSK, and O'Reillys coming in. Hoping for the best.......
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auto sales bubble bursting would help the likes of AAP because people would keep cars longer...
The "auto sales recovery" was fueled by nothing but ultra-low interest rates, the loosest credit in forever, and major government subsidies.
Is this sustainable?
No, it's the biggest car bubble ever in history. Too bad people are utterly clueless about economics, can't even see this is a bubble.
No, it won't end well, that's a mathematical impossibility.
Hope is not a strategy!