Tuesday, October 4, 2016

Automotive Quote of the Day

October 4, 2016
USA Today: 5 things we learned from September auto sales

So we have every reason to believe the industry in 2016 still has the momentum and supportive business conditions to end at or around the 2015 record level... - Toyota Vice President Bill Fay

It's a microcosm of the entire US economy! Woohoo!!

In all seriousness, some people are still baffled by the "low" 0.66% real yield on the 30-year inflation-protected treasury bond?

Flat momentum for the long-term, baby. That's what I'm talking about. Sigh.

8 comments:

Nunhead Photographer said...

here's a TIPS fan.

http://www.zerohedge.com/news/2016-10-04/gundlach-deutsche-bank-will-be-bailed-out-what-about-credit-suisse



























Stagflationary Mark said...

Thanjs for the link. It's an interesting read.

mab said...

At least we can still expect annual 6% real returns from the stock market!

Stagflationary Mark said...

mab,

Would you settle for long-term real GDP per Capitol growth of 1.8%?

(It sounds very good to me if "Capitol" is said quickly and mumbled.)

mab said...

Shld hit a fresh 52 week low today!

Stagflationary Mark said...

mab,

Eddie Lampert's the man! Pillar of retail strength!

Unfortunately, this comes ahead of schedule. Wasn't planning to heckle Sears again until the 16th. Have no fear. I will not be baited into an earlier heckle, except in the comments of course. ;)

Why the 16th? Just have to wait and find out! Big things! Sarcastic things! Woohoo!

mab said...

Well, if Cramer liked Sears at $120/sh, he's gotta love it at $10/sh! We need a winners of the old world list. Booyah!

Stagflationary Mark said...

mab,

"It's a very sub-optimal situation," Cramer said of Sears Holding.... - August 25, 2016

Some think I'm pessimistic about Eddie Lampert's chances to turn Sears around, but I'm actually brimming with sub-optimism.