SEPTEMBER AUTO SALES AND ADP PAYROLL REPORT CONFIRM THE ECONOMY IS TANKING
OCTOBER 3, 2013
Yesterday’s auto sales report for September – led by GM’s 11% plunge in sales and incredible bloating up of dealer inventory levels – confirms my view that the economy is tanking.
The dollar has lost the 80 level. The world isn’t buying into the story being reported in the media by Wall Street and the President that the economy is improving.