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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (7487)2/9/2004 5:38:05 PM
From: russwinter  Read Replies (3) of 110194
 
<If steel and aluminum are up, why are car prices not up, or up by as much?>

Once aspect of this budding and insurgent inflation is the recent nature of it. Steel prices have been spiking since late fall, and really exploded in the last two months. As old steel inventory is worked off, the car companies will join many, many other firms to determine new pricing. That's going on every day now, and is why I've been so busy posting lately. I definitely DO NOT expect them to sell autos at any more of a loss than they are already.
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