Light Vehicle Sales Hit Highest Level Since October 2007

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Light Vehicle Sales Hit Highest Level Since October 2007

Light weight vehicle sales for the month of August were at a seasonally adjusted annual rate of 16.09 million, Autodata reports in a preliminary reading of the month’s sales. This is an increase from the final reading in July of light weight vehicle sales of 15.74 million SAAR as reported by the U.S. Bureau of Economic Analysis.

Now at the fastest rate since October 2007, U.S. motor vehicle sales are up 11.2% from a year ago.

Vehicle Sales

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

Via: floatingpath.com

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