“Davidson” submits:
Real Retail Sales are holding steady but on an uptrend from April 2024. The past 2mos saw higher revisions. There remains no support for the oft repeated “recession around the corner” many perceive using manufacturing PMI below 50 since Nov 2022 and currently sitting at 48. There was a noted boost in Light Weight Vehicle Sales & Parts with the 16.411Mil SAAR(Seasonally Adjusted Annual Rate) coming in 1mil above the forecasted 15.3Mil level. Cooper-Standard remains significantly underpriced should sales exceed forecasts.
