A car crash unfolds

Also Interesting

• Supertrends. Pushing for change.
• The Idea Multiplier: An acceleration in innovation is coming
• We expect to see a continued decline in active cases

Uncommon truths 

The global auto cycle appears to have peaked and not just in China. This was in fact preceded by weakness in global auto share prices and could do more than trade tensions to explain the end-2018 economic deceleration. We suspect that further weakness in sales could raise market volatility.