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Crashing Auto Sales Reflect Onset Of Debt Armageddon

by Dave Kranzler | Aug 2, 2017 | Financial Markets, Market Manipulation, U.S. Economy

July auto sales was a blood-bath for U.S auto makers. The SAAR (Seasonally Manipulated Adjusted Annualized Rate) metric – aka “statistical vomit” – presented a slight increase for July over June (16.7 SAAR vs 16.5 SAAR). But the statisticians...

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