If you want to know the truth, no one can really predict the
future of any market by themselves; everyone is limited by data and
perceptions. Without shared knowledge and experience, the future
remains a puzzle only time can solve. Where there is limited
information, J.D. Salinger's prediction is inevitable:
"the fact is always obvious much too late."
But in subprime auto ABS, we don't have to succumb to
Salinger's fatalism. By taking the pulse of all types of
industry participants – lenders, servicers, investors,
trustees and others – Credit Chronometer's survey will contribute
to a more informed, broader perspective in the industry to help
avoid any agonizing surprises.
Certainty Leads to Risk
