How come we always hear about pent up demand but we never hear about pent down demand?
Click to enlarge.
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
Report: Wells Fargo, JPMorgan Chase and Citigroup "nearly halt foreclosure sales" - From Scott Reckard at the LA Times: 3 big banks nearly halt foreclosure sales after U.S. tweaks orders Sales of homes in foreclosure by Wells Fargo & Co., ...
1 hour ago