The ridiculous spikes, fueled by the Bank of Canada’s interest rate repression and QE, unwind metro by metro, some lightning fast, others more leisurely.
“We’ve raised 425 basis points this year.” Now it’s “not so important how fast we go” but “what the ultimate level is,” and “how long we remain restrictive.”
Americans like big, fast, powerful equipment more than ever. Four decades of horsepower, MPG, 0-60 acceleration, size, and weight. The new data is out.
