“What we witnessed in November and December was just extraordinary.”
Wow, that was fast. Margin calls.
Number five in two years. Here’s the list.
But freight rates remain red hot.
Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
The one-month yield is 21 basis points higher than CPI, not seen since 2009.
For the majority, pay has remained flat or has fallen over the past year.
Welcome to the Big Club of Saturation & Decline.
California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001.
What’s the deal with retailers — and retail sales?