Recession Watch: Should We Really Be Piling Into Equities and Options?

No we should not

Auto prices have soared in the past decade, while auto loan interest rates have more or less doubled in the past two years. The result: hugely expensive “car mortgages” and spiking loan delinquencies:

But as ominous as auto loans seem, they pale next to credit cards and student loans, where delinquencies have gone parabolic.