Description: The Manheim Used Vehicle Value Index, an obscure tracker of wholesale used-car prices, has become closely watched by the finance world’s high rollers.
Source: NYTimes.com
Date: Sep 27, 2021
Link: https://www.nytimes.com/2021/09/27/business/used-cars-inflation.html
Questions for discussion:
- Why have used-car prices risen?
- Why is this a bad indicator for the economy, bonds and stocks?
- Do you think this will be a temporary situation?
- What should investors do with this information?
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