tag:blogger.com,1999:blog-8515247115132134144.post4041006359980428920..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Auto Industry DreamlandStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8515247115132134144.post-57842249980370145462014-04-07T16:56:04.405-07:002014-04-07T16:56:04.405-07:00MrGotham,
Thanks for sharing!
“But the good news...MrGotham,<br /><br />Thanks for sharing!<br /><br /><i>“But the good news doesn’t stop there,” Spinella said. “Franchised transaction prices rose a healthy 10.8 percent on the back of growing certified pre-owned units.</i><br /><br />Forehead. Desk. Whack. Whack. Whack.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-75702786503775513092014-04-07T15:21:13.833-07:002014-04-07T15:21:13.833-07:00Subprime Surge Helps March Used Sales Soar
"...Subprime Surge Helps March Used Sales Soar<br /><br />"Spinella pointed out that the used-vehicle industry generated these sales numbers with 13 percent fewer used shoppers searching lots versus year ago, “indicating the pent-up demand log jam may well be breaking.” <br /><br />Alternative explanation: Anyone who could fog a mirror this year got a car loan and left the lot behind the wheel. <br /><br />http://www.autoremarketing.com/subprime/subprime-surge-helps-march-used-sales-soar#sthash.EgdrsY0E.dpufMrGothamnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-9468816576398022722014-04-04T02:15:12.487-07:002014-04-04T02:15:12.487-07:00Josap,
Never mind the high interest rate subprime...Josap,<br /><br /><i>Never mind the high interest rate subprime loan.</i><br /><br />Yeah. Risk on. Sigh.<br /><br />Broken link. Got another?Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-79150280936936064462014-04-04T01:56:36.241-07:002014-04-04T01:56:36.241-07:00Forgot the graph.
http://research.stlouisfed.org/...Forgot the graph.<br /><br />http://research.stlouisfed.org/fred2/graph/fredgraphAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-25742104981142942492014-04-04T01:55:54.487-07:002014-04-04T01:55:54.487-07:00Check this out.
Auto loans & home sales. The p...Check this out.<br />Auto loans & home sales. The pattern changes may be due to subprime auto loans and increased housing prices.<br /><br />Just found it interesting.<br /><br />JosapAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-22306393489894281972014-04-04T01:44:11.681-07:002014-04-04T01:44:11.681-07:00One possible explanation for the large increase in...One possible explanation for the large increase in car sales is lower home sales. You can't show off a new house - but you can show off the new car. Never mind the high interest rate subprime loan.<br /><br />JosapAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-18948746887353822122014-04-03T19:46:09.636-07:002014-04-03T19:46:09.636-07:00As a side note, I'm somewhat surprised that I ...As a side note, I'm somewhat surprised that I get as many comments as I do.<br /><br />The stock market keeps pushing new highs. We're told that the economy will continue to improve.<br /><br />This post scoffs at auto sales, which have undeniably been rather stellar (as seen in the chart).<br /><br />The illusion of prosperity is a tough sell again, just like it was in 2007.<br /><br />I'm a loyal salesman though. I truly believe in the illusionary product. There will come a time when it will practically sell itself again, lol. Sigh.<br /><br />Gallows humor. :(Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-78571844053379545472014-04-03T19:37:57.810-07:002014-04-03T19:37:57.810-07:00Rob Dawg,
If you believe that the effects of disp...Rob Dawg,<br /><br />If you believe that the effects of disposable personal income are overstated (due to rising income inequality perhaps), then the chart in this post is actually even worse than it looks.<br /><br />For what it is worth, I just take all the data with a grain of salt. It isn't all that difficult to create ugly charts out of the government data, so if they are purposely massaging the data to make it look better, then thet aren't doing a very good job, lol.<br /><br />That said, I'm glad I don't live in China. How could I post any charts if I couldn't trust any of the data (which I wouldn't)?Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-65778662891569254242014-04-03T11:04:40.608-07:002014-04-03T11:04:40.608-07:00The lack of replies might have something to do wit...The lack of replies might have something to do with using disposable income. <br /><br />PDI has been abused beyond any value IMO. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.com