July 27, 2015
Calculated Risk: Vehicle Sales Forecasts for July: Over 17 Million Annual Rate Again, Best July in a Decade
If you look at your paycheck, expect it to grow with inflation, and you see that it is pretty much the same nominal amount that it was a decade ago, then which phrase would you likely say?
1. "Best July in a Decade"
2. "F%^k that s%^t!"
If you look at vehicle sales, expect it to grow with the population, and you see that it is pretty much the same nominal amount that it was a decade ago, then which phrase would you likely say?
1. "Best July in a Decade"
2. "F%^k that s%^t!"
Q2 GDP Tracking: Mid-2s
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From BofA:
Since our last weekly publication, our 2*Q GDP tracking is down one-tenth
to 2.2% q/q saar*. [July 18th estimate]
emphasis added
From Goldman:...
4 hours ago
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