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Vehicle sales data is also far from the pillar of strength it would seem at first glance based on the 17.37 million units annualized pace recorded during May, on a year ago basis sales slipped 1.5%.  As a result, sales either fell or increased depending on your preferred mainstream media outlet.  It’s worth noting that this data is based on factory to dealer deliveries not actual end user sales and masks the bloated inventory profile at present, that at some point will have to be addressed.

This is Caleb Lawrence Registered Investment Adviser Scotts Valley Drive and Willis Road in the Scotts Valley Plaza, Suite 202 or call me toll free at 888-RICH PIG / 888-742-4744.

You can catch me on the radio at noon each business day as well on California’s central coast.  KPIG 107.5 FM in the Monterey Bay or KPYG 94.9 FM in San Luis Obispo.

Rebroadcasts, additional writings and other entries are also available on my Blog at www.clinvestments.com

Advisory services offered through Caleb Lawrence Registered Investment Adviser Inc.

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