{"id":1130,"date":"2011-10-04T22:03:07","date_gmt":"2011-10-05T02:03:07","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1130"},"modified":"2011-10-04T22:03:07","modified_gmt":"2011-10-05T02:03:07","slug":"the-ugly-world-of-auto-sales-zerohedge","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/","title":{"rendered":"The Ugly World Of Auto Sales | ZeroHedge"},"content":{"rendered":"<blockquote><p>While the media giddily reported the September new vehicle sales numbers, beneath the surface, there was little to be giddy about. At 1,053,722 units, sales were down 2% from an already lousy August, but up 10% from an even lousier September 2010.<\/p>\n<p>&#8230;.But September benefited from a traumatic August: Consumer confidence was hit by the absurd debt-ceiling negotiations in Congress; stock markets worldwide plummeted; and upheavals in the Eurozone made it into the daily news. Then during the last week of August, hurricane Irene wreaked havoc on the East Coast. Sales in the affected areas came to a halt.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/www.zerohedge.com\/contributed\/ugly-world-auto-sales?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">The Ugly World Of Auto Sales | ZeroHedge<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the media giddily reported the September new vehicle sales numbers, beneath the surface, there was little to be giddy about. At 1,053,722 units, sales were down 2% from an already lousy August, but up 10% from an even lousier September 2010. &#8230;.But September benefited from a traumatic August: Consumer confidence was hit by the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Ugly World Of Auto Sales | ZeroHedge&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[301,2459],"class_list":["post-1130","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-auto-sales","tag-new-vehicle-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Ugly World Of Auto Sales | ZeroHedge - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Ugly World Of Auto Sales | ZeroHedge - the patient investor\" \/>\n<meta property=\"og:description\" content=\"While the media giddily reported the September new vehicle sales numbers, beneath the surface, there was little to be giddy about. At 1,053,722 units, sales were down 2% from an already lousy August, but up 10% from an even lousier September 2010. &#8230;.But September benefited from a traumatic August: Consumer confidence was hit by the &hellip; Continue reading &quot;The Ugly World Of Auto Sales | ZeroHedge&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-05T02:03:07+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"The Ugly World Of Auto Sales | ZeroHedge\",\"datePublished\":\"2011-10-05T02:03:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\"},\"wordCount\":110,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"auto sales\",\"new vehicle sales\"],\"articleSection\":[\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\",\"name\":\"The Ugly World Of Auto Sales | ZeroHedge - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-10-05T02:03:07+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/the-ugly-world-of-auto-sales-zerohedge\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Ugly World Of Auto Sales | ZeroHedge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Capital One, one of the largest credit card issuers in the US, reported that 30-day delinquencies were rising\u2014consumers are getting strung out again. Two days ago, the Empire State Manufacturing index came in at -8.5, in negative territory\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14196,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/09\/19\/bob-doll-equities-appear-more-attractive-than-other-asset-classes-nuveen\/","url_meta":{"origin":1130,"position":1},"title":"Bob Doll: Equities Appear More Attractive than Other Asset Classes | Nuveen","author":"ColinTwiggs","date":"September 19, 2016","format":false,"excerpt":"From Bob Doll's weekly newsletter: The strong patch of summer U.S. economic data may have ended. Following weak Institute for Supply Management readings in previous weeks, August retail sales declined 0.3%. This marks the first pullback since March, and bears watching for a broader downtrend into September..... Corporate earnings expectations\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38079,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/12\/us-leading-indicators\/","url_meta":{"origin":1130,"position":2},"title":"US leading indicators","author":"Colin Twiggs","date":"October 12, 2022","format":false,"excerpt":"Stan Druckenmiller maintains that the best leading indicators are on the board of the stock exchange. Consumer durable sectors are normally the canary in the coal mine. When they fall, the economy follows. Household Durables (DJUSHD) and Automobiles (DJUSAU) have fallen close to 50% this year, but Home Construction (DJUSHB),\u2026","rel":"","context":"In &quot;GDP and Activity&quot;","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"DJ US Leading Sectors","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-10-12-djus-leading.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-10-12-djus-leading.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-10-12-djus-leading.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":44872,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/23\/asx-200-breaks-primary-support\/","url_meta":{"origin":1130,"position":3},"title":"ASX 200 breaks primary support","author":"Colin Twiggs","date":"October 23, 2023","format":false,"excerpt":"The labor market remains tight, with a seasonally adjusted unemployment rate of 3.6% in September\u00a0 (ABS). Monthly hours worked eased slightly to 1.93 billion hours, from 1.94 billion in August. Annual growth has slowed the past three months, from 5.2% in July to 2.9% in September. Negative growth would warn\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Unemployment Rate","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-23-u3-861x526.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1132,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/04\/australia-august-retail-sales-up-0-6\/","url_meta":{"origin":1130,"position":4},"title":"Australia: August retail sales up 0.6%","author":"ColinTwiggs","date":"October 4, 2011","format":false,"excerpt":"Westpac reported Australian retail sales posted another strong month with nominal sales up 0.6%mth in Aug following a similar gain in July. Through the year sales growth rose from a low of 1.4%yr in Jun to 2.1%yr in August, suggesting a modest 0.6%yr gain in per capital spending. Talking to\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44740,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/18\/strong-us-retail-activity-unlikely-to-last\/","url_meta":{"origin":1130,"position":5},"title":"Strong US retail activity unlikely to last","author":"Colin Twiggs","date":"October 18, 2023","format":false,"excerpt":"Real retail sales remain strong, holding above the pre-pandemic trend (dotted line) in September. Supported by a strong jobs market, with low unemployment. The labor market remains tight, with employers holding on to staff -- cutting weekly hours rather than resorting to layoffs. The consumer sentiment trough in June 2022\u2026","rel":"","context":"In &quot;Deficit Spending &amp; Employment&quot;","block_context":{"text":"Deficit Spending &amp; Employment","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/deficit-spending-employment\/"},"img":{"alt_text":"Real Retail Sales","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-18-realretail.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-18-realretail.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-18-realretail.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1130"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1130\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}