Hope came unglued all over again.
From hoopla to crash in less than four months.
“Consumers just don’t seem to be showing up….”
A terrible deterioration.
Autos impact various parts of the economy in a big way.
They run the show.
This comes at the totally wrong time.
“Reminds me of what happened in mortgage-backed securities in the run up to the crisis.”
The Exquisite Irony of Dieselgate.
Expect the unexpected.