- The Ford F-Series of pickup trucks have constantly been in the top six of cars sold going back to the 1960s.
- Pickup trucks now account for four of the top six.
- In the 2010s Japanese cars accounted for four of the top six.
- After experiencing two straight years of declining sales, Home Depot seems to be turning things around: slowly.
- Amazon continues its strong sales growth.
- Advertising and web services leading the way.
- And are now offering same-day delivery for groceries.
- Advertising and web services leading the way.
- Deere Corporation sales continue to fall.
- And its share price continues to soar.
- The cost of renting an apartment in Canada has gone through the roof over the last 15 years.
- And is significantly higher (adjusted for inflation) than it was in past decades.
- In Financial Ructions:
- Stock market values are very high.
- 10 and 20-year stock market returns have been very low or negative from these elevated levels.
- Reverse Repo is almost gone and will no longer be adding liquidity to the market.
- Foreigners’ purchases of Canadian federal bonds are down 85% this year.
- Probably getting increasingly nervous about rumours of even more debt-fueled government spending.
- And no, government spending does not grow the economy.
- Probably getting increasingly nervous about rumours of even more debt-fueled government spending.
- Japanese long-term bond yields continue to climb.
- In our book review of The Way the World Works we look at:
- How governments responded to higher inflation by raising taxes:
- Worst of both worlds for taxpayers.
- And how fallacious economic doctrine made things considerably worse in the 1970s.
- How governments responded to higher inflation by raising taxes:
- Stock market values are very high.
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