Hopes are running high that potential interest rate cuts by the Federal Reserve will support the auto and housing sectors, two parts of the economy that are sensitive to borrowing costs. The risk, though, is rising that any relief won't come until after these critical leaders of the current economic cycle have already fallen into contraction.
Headed into the promotion-heavy Memorial Day weekend, analysts spoke of automakers finally succumbing to the need to spur car sales with deep discounts. What's remarkable is the line manufacturers have been able to hold off on incentives, which