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US Savings Rate Crashes To 10 Year Lows As Spending Surges Most Since ‘Cash For Clunkers’

While incomes grew at an expected 0.4% MoM, US consumers spent at an exuberant 1.0% MoM clip – the biggest monthly rise since Aug 2009 (cash for clunkers). To cover this spending surge, the savings rate tumbled.   The last time – Aug 09 – that spending surged like this was when the government unleashed […]


Hertz – The Final Nail In The Coffin

Authored by Daniel Ruiz via Blinders Off blog, As a disciplinarian in the automotive sector, my focal point is concentrated on the study of used vehicle values and how they affect the automotive industry as a whole. Measure the Cause to Predict the Effect There are several subcategories that help predict the trajectory of used […]