tag:blogger.com,1999:blog-6616959642391988608.post8633653279119488162..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Auto sales updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-28917558513124652712009-02-04T22:44:00.000-08:002009-02-04T22:44:00.000-08:00Tragically (for people taking Wesbury's investment...Tragically (for people taking Wesbury's investment advice) he as been persistently wrong for years. One can only conclude that he is taking money from corporate clients to sell equities at inflated prices. Here is what I wrote in response to his relevant column. It is admittedly snarky, but nevertheless, I don't regret writing it at all:<BR/><BR/>"Your're right, things aren't frozen in time. Mark A. Sadowskihttps://www.blogger.com/profile/13147923641894915172noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-77099074249572856702009-02-04T09:19:00.000-08:002009-02-04T09:19:00.000-08:00I agree that we "may" have hit the bottom but I di...I agree that we "may" have hit the bottom but I disagree about using the past to predict the future demand for products such as automobiles moving forward. This could take 10 years to work out and with global auto production out pacing demand by some 30 million units, there will be reckoning days for many auto companies...if we let the market do what is is supposed to do...creative destruction.<Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83220061733540759762009-02-04T08:47:00.000-08:002009-02-04T08:47:00.000-08:00Brian Wesbury is at First Trust. Use this link:htt...Brian Wesbury is at First Trust. Use this link:<BR/><BR/>http://www.ftportfolios.com/retail/research/economicresearch.aspx<BR/><BR/>Look under the Monday Morning Outlook for the 2/2 comments.GaRYhttps://www.blogger.com/profile/16760265875018271486noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17154805971205479262009-02-04T07:42:00.000-08:002009-02-04T07:42:00.000-08:00zumbador,Would greatly appreciate if you could pro...zumbador,<BR/>Would greatly appreciate if you could provide a link to the Brain Wesbury comments if at all possible. Thx.jjhttps://www.blogger.com/profile/00382970468577051096noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31952431796651309642009-02-04T07:01:00.000-08:002009-02-04T07:01:00.000-08:00This seems to fall in line with comments I read on...This seems to fall in line with comments I read on 1/26/09 from Brian Wesbury, Chief Economist at First Trust "Figures from the Federal Highway Administration suggest there are now about 240 million light vehicles in the US, including those owned by individuals and businesses. In December, light vehicles sold at 10.3 million annual rate. At that pace, it would take 23.4 years to replace all the zumbadorhttps://www.blogger.com/profile/03124444420383526405noreply@blogger.com