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Used Car inventory at all time low

Summary:
Prices are not going to be reduced any time soon…. Biden Fed people will keep increasing the rates too which will make monthly payments even higher….  Keep maintaining and repairing your current car bro…Used car inventories are still falling.We’re now at only ~2M available units on dealer lots across the *nation*.The LOWEST on record.— CarDealershipGuy (@GuyDealership) April 14, 2023

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Prices are not going to be reduced any time soon…. Biden Fed people will keep increasing the rates too which will make monthly payments even higher….  Keep maintaining and repairing your current car bro…





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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