Thursday, June 2, 2016

Do ugly May car sales mean a recession is coming?

May 2016 & May 2015 auto sales by segment (via Wall Street Journal)The numbers are in, and as expected, May's auto sales stats are nothing to write home about. Is this a sign that America's headed toward a recession repeat? For tl;dr types, the answer is: probably not, but we may be witnessing a cool-down in the country's red-hot auto market. Auto sales in the tank? Without question, sales were off for most car...

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