October correlation of car makers

{ Posted on Oct 20 2009 by Ellen }

The recovery of the Auto Sector continues due to a somewhat sustained improvement in demand, aided by the U.S. Department of Transportation CASH FOR CLUNKERS PAYOUT program. It is questionable that the recovery is due to improving economic factors such as lower rates, higher liquidity, or rising consumer confidence.

The current October correlation table:

Correlation Table: Car sector

Correlation Table: Car sector

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