How come we always hear about pent up demand but we never hear about pent down demand?
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I've added an exponential trend line in red.
St. Louis Fed: Light Weight Vehicle Sales: Autos & Light Trucks
St. Louis Fed: Vehicle Miles Traveled
What a City With Driverless Cars Will Look Like (In 10 Years or Less) - My vision of driverless trucks and taxis within the time frame of six to eight years looks downright feeble to … Continue reading →
5 hours ago