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
The Market Ticker - Chanos, Valeant and Math - I just saw an utterly amusing "interview" on CNBS with Jim Chanos in which he defended *continuing *to be short Valeant. The problem is that his argument...
1 hour ago