Retail prices of used cars & trucks spiked most since 1969 despite lower sales and plenty of supply. Wholesale prices, after biggest spike ever, are already falling.
This stimulus economy is producing the weirdest effects.
A light goes on after more than a decade of falling electricity demand. No business wants to operate in a declining industry.
#TheZooHasGoneNuts: One press release about an EV, but no money, no tech, no prototype, no facilities, no plans, no nothing. Getting pretty thick, even for our crazy times. SEC, are you awake?
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
Affordable Classics rise the most, American Muscle Cars fall the most. Ferraris flat, after big drops earlier. Beautiful machines all of them.
Illustrated with 13 whiplash-inducing charts.
In the bizarre machinery of an economy that depends on consumer spending funded by stimulus and “extend and pretend.”
After spiking for months, used-vehicle wholesale prices turned south in late August, wholesale volume plunged again.
Four Days of Free-Fall Mania. Dream goes up in smoke. Passed over by Etsy, Teradyne, and Catalent.