More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Carmageddon but not Truckmageddon The GM plant in Lordstown, Ohio, which only builds the Chevy Cruze compact car, already went through layoffs in 2017 when it trimmed its three shifts to two shifts and cut 1,200 … Read more

The Correction Begins – The Copper Liquidation, NYC Real Estate Sales Plunge, Retail Apocalypse Picking Up Steam…

Please hug someone next to you, the copper liquidation is absolutely horrifying. btw GSCI Industrial Metals (monthly) could be reversing near-term pic.twitter.com/vpfua5aaCj — Alastair Williamson (@StockBoardAsset) April 4, 2018 New York’s luxury real estate market is in correction Real estate … Read more

Move along; nothing to see here. Retail sales have been flatter than a pancake the last three months. And this is in a STRONG jobs market?

Move along; nothing to see here. Retail sales have been flatter than a pancake the last three months. And this is in a STRONG jobs market? pic.twitter.com/sI5bAWeSbQ — Tony Sagami (@Tony_Sagami) March 15, 2018 #STAGFLATION EQUATION 1) #MONETARY #INFLATION ✅ … Read more