Dealer conference keynote speaker offers economic forecast

Have you subscribed to Dr. Elliot Eisenberg’s daily 70-word economy update? Do so today at econ70.com in order to get prepared for the Bowtie Economist’s keynote at the Powersports Business Accelerate Conference Nov. 8-10 at the Hyatt Regency in Atlanta.

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This gem from The Doctor landed in our inbox this morning:

“Forbearance Finality

“With most, if not all forbearance programs soon to end, I expect three foreclosure waves. First, a foreclosure spike when the moratorium lifts, resulting from households in trouble before Covid-19. Second, a steady monthly stream between now and when the relief programs end. Lastly, a spike at the end when all last-chance relief expires. With prices rising, inventory limited, and forbearance numbers steadily falling, this isn’t a large, looming problem.”

Ready to get a jump start on 2022 at your dealership? Join us in Atlanta.

Register and view the complete schedule of seminars here:
https://powersportsbusinessaccelerate.com/

Sponsors of the 2021 Powersports Business Accelerate Conference as of today are CDK Global Lightspeed, BadAss Leader, National Powersport Auctions (NPA), AppOne, Sheffield, U.S. Warranty Corp. and Beyond Creative.