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Used car prices

Summary:
Used cars up 50% ... bank stocks up 5%.... could have made more just buying used cars... A LOT more...When are you leftists going to start complaining about the “carsters!”?   Better call Pocahontas...Banks in the toilet getting crushed by their regulators... meanwhile used cars doing a moonshot and  incompetent left still complaining about those shrewd and crafty “banksters!” ...  hard to understand...Continued parabolic spike in used car prices … @Manheim_US Used Vehicle Value Index rose 6.8% in first 15 days of April (+52% y/y) to highest level on record @Bloomberg pic.twitter.com/40GnFJH1qx— Liz Ann Sonders (@LizAnnSonders) April 22, 2021

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Used cars up 50% ... bank stocks up 5%.... could have made more just buying used cars... A LOT more...

When are you leftists going to start complaining about the “carsters!”?   Better call Pocahontas...

Banks in the toilet getting crushed by their regulators... meanwhile used cars doing a moonshot and  incompetent left still complaining about those shrewd and crafty “banksters!” ...  hard to understand...



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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