GT car price correction?
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01-24-2022, 11:20 AM
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Originally Posted by Ascend
What do you guys think?
Great buying opportunities in the stock market.
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#3
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I think the drop is imminent and inevitable. As much as we all would have hoped for an endless bull run in the markets, I’m in agreement that with less money flowing, toy prices will come down. The high end car market may be somewhat insulated compared to the Camry market, but it hardly lives in a bubble.
Regardless buy what you can, when you can, and enjoy while you can.
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WCGhost (01-29-2022)
#4
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Yep but this correction so far is only pushing 10%. Need alot more than that. Too much money chasing to few cars for now.
#5
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There are far too many people, much more than it appears on the surface, that have been milking the stupid pandemic rally. Those people will suddenly panic. Rightfully so as they have been living on profit but dont really have the steady high cash income flow. I'm pretty sure ADMs or any other luxury items that have extenuating pricing trends recently will normalize a bit.
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#9
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I like it. As far as the stock market.... Labor about to NOT be in control. Work from home will get alot more un popular as cash poor millennials primarily (decimated in NASDAQ and Crypto assets) decide they need to hang on to their jobs and show up at work finally. However it could be too late as their employers/bosses monitoring their insta accounts will not appreciate all the fun going on while expressing fear to return to work LOL! We have a few I strongly suspect won't be here by June. Life is about to come at alot of people very fast and yes car prices will come down. So predictable.
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#11
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I hope the Rams win over the niners! Because I'm going to the Super Bowl and it will be awesome to watch the Rams play the Super Bowl in their own stadium!
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#14
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I like it. As far as the stock market.... Labor about to NOT be in control. Work from home will get alot more un popular as cash poor millennials primarily (decimated in NASDAQ and Crypto assets) decide they need to hang on to their jobs and show up at work finally. However it could be too late as their employers/bosses monitoring their insta accounts will not appreciate all the fun going on while expressing fear to return to work LOL! We have a few I strongly suspect won't be here by June. Life is about to come at alot of people very fast and yes car prices will come down. So predictable.
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