Why is this economy not yet in an official recession?
Demand will dry up.
“We continue to match production with demand”: Ford
GDP Nowcast drops by half in two months. But is the auto sales data inflated?
This hasn’t happened since the Financial Crisis.
Five-year retail boom implodes.
What will sink the US auto boom?
“A few people here, a few people there. But it all adds up.”
But we’re not prepared.
Will these converging headwinds lead to a repeat of 2009?