Market Crash Coming Up?
finance.yahoo.com
"As of April, margin debt hit a fresh all-time high of $847.2 billion, per Yardeni Research. For some context, this figure has roughly doubled since 2013."
In my town, lots at car dealers are as empty I have ever seen them. Unbelievable how empty, never seen it like this.
Dealers must have backed off on orders, figuring Covid smash would go on another year. Many were probably hit hard on the cash flow end.
Lawnmower chitted out, have just enuff to mow to desire a riding mower. Lowe's sold out. HDepot sold out. JD dealer about sold out. Lucky to find one that was suitable. Bot me a zero turn Husky, last one available. A few commercial ones available but I could not justify one for my little patch.
Playtoy dealers way down on inventory, i.e. motorcycles, side X sides, etc., etc.
Town about 80 % back to normal post all the Covid lock downs. After being kooped up for a year plus locals must have all went nuts on a buying binge.
Things seem out of sync and strange somehow.
This is a rich country, or living on low interest rates, or both.
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