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As the Recovery Heats Up, 1 Number Is a Warning Sign for These 3 Stocks

Jason Hawthorne, The Motley Fool
·6 min read
As the Recovery Heats Up, 1 Number Is a Warning Sign for These 3 Stocks
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With the unemployment rate at 6%, the lowest level since before the pandemic, and the Institute for Supply Management's manufacturing gauge hitting its highest reading since 1983, the economy is definitely gaining strength. Lenders may have seen the writing on the wall, because the total volume of subprime loans also dropped. While the industry doesn't influence the economy nearly as much as housing, the numbers should get the attention of investors in Capital One Financial (NYSE: COF), Ally Financial (NYSE: ALLY), and Credit Acceptance Corp. (NASDAQ: CACC).