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UBS: Consumer Defaults Will Spread As Borrowers Simply Stop Paying

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Rupert Hargreaves
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Over the past couple of months, the rising number of auto loan defaults has sparked concerns on Wall Street that another credit crisis is brewing. Steve Eisman, who famously predicted the 2008/09 financial crisis is just one of the high-profile figures warning of the dangers of consumer credit stress, and his warning should not be taken lightly.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha