Just 48 hours ago, we were pondering the news that January new Class 8 truck orders had come in at 48,700 units – the second-best month on record. Just 24 hours ago, the Dow posted a 1,600-point drop – the biggest intraday point drop on record. The dichotomy between the two data points is one that demands attention….
COMMENT: Main Street watches as Wall Street lurches
Market correction, or a major new crisis? And should the auto industry be worried? Oliver Dixon considers the meaning of the sharpest Wall Street fall in six years