Birdwatch Note Rating
2022-12-23 14:59:32 UTC - HELPFUL
Rated by Participant: C740DE02E733BBEA4FEF3BF7631F532E2CFD3DEC38BA9790C01078EC3F946ED4
Participant Details
Original Note:
NBC reported earlier this year that auto manufacturers could have high losses in a high interest rate environment, which is controlled by the Federal Reserve https://www.nbcnews.com/business/auto-industry-interest-rate-hike-could-spur-billions-in-losses-rcna13710 YTD on a similar car manufacturer like GM are yielding similar returns https://www.marketwatch.com/investing/stock/gm
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