Year of the Reckoning for Autos in 2019
The current economic expansion is just four months away from setting a record as the longest expansion in U.S. history, and auto sales and production have remained strong since 2009; however, signs of weakness are starting to appear as economic momentum slows, bond yields lag, stock prices struggle, and the yield curve has nearly inverted. External shocks to the economy could come from a number of sources: trade policy, fiscal policy, a protracted government shutdown, the global economic slowdown, or a combination of all these factors.
