While no one indicator is ever the holy grail of analysis. We do need to pay attention to certain key pieces of the puzzle. While we can make up all sorts of cute little stories as to why this is occurring, the fact is it is occurring. This chart happens to top right as reverse repo began April 2021 When the 2 year yield started to rise And when Bank...
vehicle sales will drop. last time there was a huge drop in sales, the great recession followed
When we look at auto sales, do we adjust for the number of people in America? If you see the lower chart, you can see we are just over the trend in Light Vehicle sales. The trend is 16 million and we hit 18 million and backed off to 17 million recently. It sure looks like the number of cars sold "per person" in the USA is down dramatically over the last 40...
Hello Traders, I have been fiddling with the idea of applying the same model used to predict Financial Markets to Economic Data.This is my first attempt at applying the model to such data publicly. Consider this post an experiment. Taking into consideration some fundamentals (and a little bit of rationalizing); Since the auto industry bail outs of 2008-2009...