Coches Viejos y Nuevos
In addition to the housing market, the used car market is an important economic indicator, especially if focusing on key metrics; like the Manheim Used Vehicle Value Index (see below). According to @guydealership (a favorite new follow in 2022) if you need / want to buy a used car you will be able to secure a better price in the coming months. There are still supply chain bottlenecks for new cars, which is keeping used car prices high, albeit lower than their peak prices earlier in 2022.
And if you are a new car buyer, Peter Zeihan says to pay close attention to the chart below. Because of the NAFTA Accords, new cars that have lower - % content NAFTA - will be subjected to excise taxes. 👉🏽 Buy your G-wagons now otherwise you will pay more in the future!
Also, I’m no equity analyst so tell me, does the chart imply we should be buying Ford and GM stock?: 94% NAFTA content 💪🏿 for the muscle-y Mustang.
Still more questions … what does this mean for Stellantis (STLA) - parent of Jeep; bossing the list below but domiciled in Europe? Where my analysts at? - please comment on this post or DM me to help me understand what this means for the auto makers below.
Artificially Intelligent Indian Men
🧵Stunning AI generative art project showcasing what a stereotypical Indian man might look like from a variety of Indian states. I have had personal interactions with people from maybe 25% of these regions and the depictions impressed me. HT @vaninaschick for finding this thread for me.
Song of the Week - The Art of Making Love by Big Words
If My Morning Jacket’s Jim James had a baby with Metallica’s The Unforgiven it might sound like this song. It’s atmospheric (s)low BPM energy; airy but still moody, confusing yet catchy. Somehow it just works.
Feedback
Hello is anyone here? Bueller, Bueller….
Austin Powers:
Hey! There you are!
Tourist:
Hi... do I know you?
Austin Powers:
No, but that's where you are! You're there!