Welcome to the latest edition of Talking Data. This is our first installment in a series which will take a close look at China and changes in the housing and financial markets. Today Sam Rines discusses why real estate is so critical to consumption dynamics in China.
There is a bit of a break down in food commodities, but it is too soon to get excited. It will take time for the decline in costs to filter through, and the prices have not declined enough to make much of a difference. Gasoline prices are declining, but do not count on a break at the grocery store.
Crypto is not really dead – only mostly dead. And there is a big difference. The amount of wealth shredded in crypto has been dramatic, but it is not going to kill off the space.
The truly painful moment for the used car market will be the restoration of auto production and dealer new auto inventory. That will reduce demand for used autos, cause pricing to become softer, and force significant markdowns. That day is not here yet, but it will be problematic when it does arrive.