Sunday , November 24 2024
Home / Mike Norman Economics / Used car prices

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.


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.

Leave a Reply

Your email address will not be published. Required fields are marked *