Quote:
Originally Posted by Murf993
Quote:
Originally Posted by IK6SPEED
Yes, but at what volume? If they go back to February production levels, prices will collapse even more.
You are also assuming no supply interruptions, which is a fantasy.
The pandemic will not last forever, but the recovery will be a long time coming.
$1200 in stimulus money will not have people buying cars.
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I'm no financial guy, I've read a few things that have said the recovery could be quick and other things that have said the recovery will be long and painful. Either way there isn't much you or I can do about that and I'm not sure that there's much point in my worrying about it. There was an article this morning in the Financial Post that predicts the real estate market will take a beating in the next 12 months. I'm just trying to stay positive. |
Simply look at change in Consumer Sentiment Reports over the last 4 weeks.
That controls the public spending and this is a big wake up call.