It has been a solid start to 2024 with stocks posting decent gains, but the bond market has laid an egg amid rising interest rates
There are few calendar stretches better than the here and now - as we hop into the second quarter. Nearly three months into 2024, executives have a sense of how the new year’s trends are playing out while March’s busy slate of conferences level-set expectations across industries. Cox Automotive reports that the total US supply of available unsold new vehicles stood at 2.74 million units, a whopping increase from year-ago levels and higher than January’s 2.61 million measure. At 76 days’ supply, dealerships indeed look swelled with inventory as consumers struggle with higher borrowing costs despite a still-healthy jobs market. Ford on Tuesday next week as the embattled EV company provides vehicle production and delivery statistics.