The spike was thought to be buried and relegated to history. Turns out, it was an undead spike that’s now roaming the land again, wreaking havoc
But will there be enough demand in 2023 or beyond for all this new capacity in such a cyclical industry?
The Fed finally sees it too.
GM and Ford sport 6 year declines of -28% and -27%. Toyota blows all away, but still -7% from 2015. Hyundai-Kia sets new record. Captured in charts.
The stock market’s whole Ponzi Sector is melting down – just look at the ARK Innovation ETF, a well-curated basket of the largest listed Ponzi Schemes.
Stock market leverage, the big accelerator on the way up, and on the way down.
And which states are the leaders in pickup truck sales?
Buy High, Don’t Buy Low. Prices are sky-high and but companies are buying them back like never before.
But on the surface, stocks still look hunky-dory.
At the tippy top of the greatest bubble ever, all kinds of stuff can happen.