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Closed-End Fund Commentaries

Long Housing, Short Autos

Jun 5, 2017
Click here to access Long Housing, Short Autos

Late last week automakers reported selling cars and light
trucks at an annual rate of 16.7 million units in May, down 3% from May 2016. If you look at a twelve-month moving average, sales peaked back in April 2016 and have been trending lower, ever since.

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