The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: robert b furman who wrote (7845)	8/20/2021 3:24:22 AM
From: elmatador	Read Replies (1) of 13803

Hi Bob! The market self adjusts. If governments put a hand on it, like during Covid, it distorts it in a way no one can predict That because it sends a sign to the market stakeholders. People who wanted to buy cars, or sell their used ones, would do Covid or no Covid. Firms that needed vehicles, bought vehicles Covid or no Covid. Rental companies same. While all that was happened the supply side grounded to a halt Carmakers and their suppliers stopped production. The results are these we are seeing. Now people who want to buy decide to wait for a while (well if they think like me) not to pay a premium on a new car until the market self adjusts, probably by first quarter 2022.

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