For me the most interesting thing is the seeming rush to buy new cars before the tariffs cause significantly increased prices, where the interesting part will be whether new car sales absolutely crash in the next quarter or two.
danans 287 days ago [-]
That would just be a demand shift. The bigger risk is whether people who might have otherwise bought a new car keep their current car because of recession and stagflation fears.
BLKNSLVR 287 days ago [-]
Yes, what I didn't say clearly enough was: will the 5% uptick in Q1 be followed by a much more than 5% downtrend for Q2 onwards.
We can but wait.
recursivecaveat 287 days ago [-]
In economics they call them "durable goods". The demand is usually extra reactive to price changes because you can choose when to replace it in a wide band of time.
fzzzy 287 days ago [-]
Plus the uptick will make the downtick numbers look even worse
Rendered at 07:40:16 GMT+0000 (Coordinated Universal Time) with Vercel.
We can but wait.