By Kevin Lings
In March, new passenger vehicle sales (as reported by NAAMSA) declined by a very significant 23.1% y/y, compared with a decline of 14.7% y/y in February 2008. This is the worst annual decline since 1999, and a concern given the already high interest rates and cash-flow squeeze most consumers are currently facing. Given [...]
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| Current call: November 06, 2009 |
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| For those not familiar with John’s latest project, it is called "Conversations with John Mauldin". The most recent Conversation was with Gary Shilling and Donald Coxe. Previous Conversations included the views of Chris Whalen on the banking crisis, Lacy Hunt and Ed Easterling on the fundamentals of the economic crisis, and Nouriel Roubini. Audios and transcripts of the Conversations are being produced. Although an annual subscription for eight Conversations retail at $199, I have negotiated a special price of $149 (-25%) for Investment Postcards readers. To find out more, just click on the image above and enter code JM55 (at the end of the form), which will give you the discounted price. |
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