US auto "market at inflection point because consumers expect...

  1. 1ronnie
    22,257 Posts.
    lightbulb Created with Sketch. 2044
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    20/06/24
    22:35
    Post #: 74415548
    US auto "market at inflection point because consumers expect prices will keep falling. Economists call this a "deflationary spiral"...consumers delay purchases w/expectations of lower prices, which reduces demand, builds up supply & leads to the lower prices..."

    https://x.com/DiMartinoBooth/status/1803437142296744103
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    lightbulb Created with Sketch.  Great analysis
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