Chris McNally - Evercore ISI

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Last quote by Chris McNally

Third parties have flagged that auto delinquencies are at or close to record levels. Similarly, outsiders have noted an uptick in credit losses. However, it needs to be recognized that delinquencies are high in absolute terms because lending is at an elevated level. Delinquency rates do not look concerning and, in fact, remain at very low levels.feedback
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Apr 07 2017 UBS
This page is completely dedicated to what Chris McNally has to say. All of Chris McNally’s quotes are organized here by date and topic. The most recent quote attributed to Chris McNally came from an article called This is the next subprime fear worrying investors: “Third parties have flagged that auto delinquencies are at or close to record levels. Similarly, outsiders have noted an uptick in credit losses. However, it needs to be recognized that delinquencies are high in absolute terms because lending is at an elevated level. Delinquency rates do not look concerning and, in fact, remain at very low levels.”.
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