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Baird On Autos: This Is A 'Correction,' Not 'Top Of The Cycle'
Wednesday, August 26, 2015 - 1:25pm | 356David Leiker, Baird's auto sector analyst, commented in a note on Wednesday that auto stocks are moving through the fifth in-cycle correction in 30-plus years. He added that if history is any indication, there may be another 10 percent downside, as past corrections typically saw a 27 percent...