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General Motors Co is working on a GMC electric pickup truck to follow the GMC Hummer EV and the electric Chevrolet Silverado, a company executive said at a media event on Monday, asreportedby CNBC.What Happened: The Hummer EV pickup wasunveiledin October last year with deliveries slated to begin this fall. The electric Chevrolet Silveradowas confirmedin April.Duncan Aldred, global head of GMC, did not disclose the launch timeline but said the vehicle is in advanced stages of planning, as per CN

This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.