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Nonstore sales are about to overtake motor vehicles, Mike Shedlock notes

Nonstore sales are about to overtake motor vehicles, Mike Shedlock notes
Nonstore sales may overtake motor vehicles

Mike Shedlock, author / blogger at MishTalk, observes that nonstore sales are poised to surpass motor vehicle sales as early as next month, based on recent chart trends.

He highlights the diminishing significance of motor vehicle sales in the broader economy.

Shedlock has commented on other market segments in recent reports. He noted that Bitcoin remains in a downward trend since March. In a separate article, he stated that the largest share of Iran's frozen assets is likely held in China.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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