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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (7845)	8/20/2021 3:24:22 AM
From: elmatador	Read Replies (1) \| Respond to 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.

To: robert b furman who wrote (7845)	9/15/2021 7:10:49 AM
From: elmatador	Read Replies (1) \| Respond to of 13803

Hi Bob ! The deceleration was caused by sharp declines in the prices of used cars and trucks (down 1.5% in August compared to July on a seasonally-adjusted basis), hotels and motels (down 3.3%), airfares (down 9.1%), motor vehicle insurance (down 2.8%), car and truck rental (down 8.5%), and “admission to movies, theaters, and concerts” (down 0.6%). These price declines likely reflect a combination of Easing strains on the motor vehicle supply chain due to the satiation of consumer and rental fleet demand The impact of the delta variant on consumer demand for certain services The possibility that some hotels, airlines, and car rental agencies increased prices too much over the summer in the expectation of a snapback of price-insensitive business travel, and are now reversing course Even adding in other pandemic-sensitive categories that didn’t experience falling prices—personal care services, admissions to sporting events, club memberships, childcare/tuition, and, most notably, energy, restaurants, and new vehicles—the net inflationary impact of these idiosyncratic categories was essentially zero in August. America's Inflation Story Is Entering a New PhaseIdiosyncratic price spikes due to reopening and troubles in the motor vehicle supply chain are fading or reversing. But keep an eye on housing, health care, and restaurants. https://theovershoot.co/p/americas-inflation-story-is-entering?token=eyJ1c2VyX2lkIjo0MTg2MzEyNiwicG9zdF9pZCI6NDEzMjE1MTYsIl8iOiJPUFFCZiIsImlhdCI6MTYzMTcwMzc5MiwiZXhwIjoxNjMxNzA3MzkyLCJpc3MiOiJwdWItMzg0NjQwIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.ypdbC1Yk3tdPh8yfj-9VhEiWBmkTrMoFsBgu3gQeOwM