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91 sats \ 3 replies \ @IamSINGLE 14 Aug 2024 \ 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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11 sats \ 2 replies \ @TomK OP 14 Aug 2024
I would guess from what I see it's falling demand
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91 sats \ 1 reply \ @IamSINGLE 14 Aug 2024
But then for new veichles is quite stable! Doesn't it present a contradiction?
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0 sats \ 0 replies \ @TomK OP 14 Aug 2024
It doesn't say anything about the volumes. And the market for 2nd hand v. is usually more price elastic
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