Relevant and even prescient commentary on news, politics and the economy.

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Oil prices and consumer spending.

…services to help them navigate through these changes. One area where higher oil prices clearly impacts consumer spending is autos, as consumer spending on new and used autos and energy…

g7-vs-g5-in-charts

…Domestic demand, underpinned by robust fiscal and monetary policy pushed auto sales forward in the G5 and simply offset some of the decline in retail sales in the G7 (see…

The President’s Speech

…in several ways. First, we are creating a new lending fund that represents the largest effort ever to help provide auto loans, college loans, and small business loans to the…

What to do with GM during bankruptcy

…is something that can be done in the auto industry. I’m sure you’ll have a bit of consolidation though how much is difficult to predict but I imagine it would…