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" ... Due largely to a widespread halt in production earlier this year to slow the spread of COVID-19, inventory levels are far lower than in recent years. According to Cox Automotive, 2.33 million units sat unsold on dealers’ lots at the end of July, compared to 3.12 million a year earlier. The national “days to sell” average, which is a measurement of how quickly new models are selling, is down to 62 days. It was 79 days at the same point in 2019. And at that, the auto business is clawing its way back to health after a disastrous sales slump earlier in the year, with new-vehicle sales again on the rise. ... "
" ... Meanwhile, U.S. crude climbed above $48 a barrel this morning to hit a nine-month high. Seems like only yesterday we were watching it fall toward $35, but it appears to be getting a lot of traction out of this fiscal stimulus talk. That’s positive news for the Energy sector, which has been clawing back from dramatic losses earlier this year. ... "
" ... The U.S. dollar gained ground late Monday in what looked like a response to news of British Prime Minister Boris Johnson being moved to intensive care for coronavirus. The pound tanked against the dollar last month as investors flocked to the greenback in the first phase of the economic crisis, but had been clawing back a little over the last week. ... "
" ... The market plunged Thursday and then again early Friday before clawing back from its worst levels by the closing bell. That was in low-volume trading ahead of the long weekend and appeared to reflect a little “buy the dip” mentality. It’s also typical to see a slow grind higher the afternoon before a three-day holiday. ... "
" ... This decade hasn't been easy for most agencies and media companies. After clawing their way out of the recession, they faced smaller budgets, lower fees, more competition, and in-housing accelerated. Despite all this headwind, some excelled, and some new leaders, who adapted better to the transforming ecosystem, emerged. ... "