Was This Finally “Peak Insanity” in Used Vehicle Prices? And all other crystal ball questions

https://twitter.com/DeanBaker13/status/1513859204334772233?s=20&t=x6JwtU2oZQxQNuiEyME2Og

We might have peaked.

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The Office Reaction GIF

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it feels like we have, but again, it’s coming from the demand side. rising rates are choking off demand. some of it is a healthy “choking off”, but this won’t be without consequence.

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Doesn’t mean it’s forever…lol it could be for right now. We’ll have to see over the next couple of months.

CPI numbers are only through March, next month’s report will be telling :chart_with_upwards_trend:

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Sometimes it feels like that ‘cumulative 1 million EV’s in California’ are all in my town, as I go on the hunt for free L2 charging.

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Well, LH did it’s part for sure😂

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Buy the dip.

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Since it’s graph day. Buckle up…

Probably have more options than we do. :cold_face:

Context/source on graph?

Is that just inflation minus FFR?

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Any way to sort this just for Tesla?

Sure Lh-ers had a big part in it. Lol

just wait until the next corona wave. if you time it right you can buy the rise.

If you think there’s another wave I’m sure there are better ways to profit than buying cars

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not much to think about there.

but i was just pointing it as a counterbalance to the current dip in rates.