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91 sats
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3 replies
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@IamSINGLE
14 Aug
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on: US Inflation Data Aligns with Expectations, Offering Fed Flexibility
econ
-2.3 for used cars and trucks! 👀
What's with the market about them? Are the demands falling or it's just market show?
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@TomK
OP
14 Aug
I would guess from what I see it's falling demand
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91 sats
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@IamSINGLE
14 Aug
But then for new veichles is quite stable! Doesn't it present a contradiction?
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@TomK
OP
14 Aug
It doesn't say anything about the volumes. And the market for 2nd hand v. is usually more price elastic
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