When Will the Next Auto Industry Bailout Occur?

The following chart shows the natural log of annual light auto sales divided by civilian employment. I'm using a natural log so that constant exponential growth (or in this case decay) can be seen as a straight line.<br /><br /><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHBTp_iZreNKL7ESLYrsoaQwl0pPXI9n_7bzMVdxcfj6T4GgzB5Q_QsPD4AU-ZSTXcfQytySSVLS-KxKVK8YsrWoT8c48HZWAxeD1XqPoEHp5wXXZ14MfbwLImQSh4qZdw5qzMXFJIYwI/s1600/Light+Auto+Sales+vs.+Civilian+Employment.jpg" imageanchor="1"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHBTp_iZreNKL7ESLYrsoaQwl0pPXI9n_7bzMVdxcfj6T4GgzB5Q_QsPD4AU-ZSTXcfQytySSVLS-KxKVK8YsrWoT8c48HZWAxeD1XqPoEHp5wXXZ14MfbwLImQSh4qZdw5qzMXFJIYwI/s320/Light+Auto+Sales+vs.+Civilian+Employment.jpg" /></a><br /><span style="font-size: x-small;">Click to enlarge.</span><br /><br />Behold the two trend channel failures. The first was a massive failure to the downside and the next was a massive failure to the upside. Slow and steady recovery my @$$.<br /><br />And on that note, I'll leave the exact date of the next auto industry bailout as an exercise for the reader. Sigh.<br /><br />This is not investment advice.<br /><br /><b>Source Data:</b><br /><a href="http://research.stlouisfed.org/fred2/graph/?g=rDe">St. Louis Fed: Custom Chart</a>

When Will the Next Auto Industry Bailout Occur?

The following chart shows the natural log of annual light auto sales divided by civilian employment. I'm using a natural log so that con...

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