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What is going on in the auto world? First, Tricolor goes bankrupt. Then parts supplier First Brands follows them. CarMax reports dismal earnings. Even Germany's Bosch decided to lay off another 13,000 workers. It's not just a canary in the coal mine, there's a whole flock - or fleet - of them. Eurodollar University's Money & Macro Analysis --------------------------------------------------------------------------------------------------------------------- What if your gold could actually pay you every month… in MORE gold? That’s exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month. Check it out here: https://monetary-metals.com/snider --------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------- Sign up for our webinar on the Hidden Truth Behind Interest Rates: https://webinar.eurodollar-university.com/home --------------------------------------------------------------------------------------------------------------------- CarMax Second Quarter Earnings https://investors.carmax.com/news-and-events/news/news-details/2025/CarMax-Reports-Second-Quarter-Fiscal-Year-2026-Results/default.aspx CNBC CarMax stock plummets 20% following ‘challenging’ quarter https://www.cnbc.com/2025/09/25/carmax-stock-plummets-after-missed-wall-streets-expectations.html MarketWatch CarMax sees surprise drop in used-car sales even at lower prices, and the stock dives https://www.marketwatch.com/story/carmax-sees-unexpected-drop-in-used-car-sales-even-at-lower-prices-and-the-stock-dives-7dc067b0 Bloomberg Economists Lower US Job Growth Through 2026, Fueling Rate Cuts https://www.bloomberg.com/news/articles/2025-09-26/economists-lower-us-job-growth-through-2026-fueling-rate-cuts GTR First Brands supply chain finance debt tops US$866mn https://www.gtreview.com/news/americas/first-brands-supply-chain-finance-debt-tops-us866mn/ Bloomberg First Brands Files for Bankruptcy After Lender Scrutiny https://www.bloomberg.com/news/articles/2025-09-29/auto-parts-supplier-first-brands-files-for-bankruptcy Q3 2025 Cox Automotive Dealer Sentiment Index Shows Steady Confidence Amid Economic Headwinds https://www.coxautoinc.com/insights-hub/q3-2025-cadsi/ Bloomberg Bosch to Shed 13,000 Jobs as Auto-Industry Slump Deepens https://www.bloomberg.com/news/articles/2025-09-25/bosch-to-shed-another-13-000-jobs-as-auto-industry-slump-deepens https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |