Vertical Is The New “Transitory”

The Manheim Index, the most recognized wholesale used-vehicle price index by financial and economic analysts, shows that used car prices rose 4.9% in the first 15 days of November compared to October. The overall index has jumped 44.9% from November 2020.

https://cms.zerohedge.com/s3/files/inline-images/2021-11-19_08-07-20.png?itok=tzrbQFBE

 

 

 

 

 

 

 

https://www.zerohedge.com/markets/used-car-prices-continue-historic-vertical-ascent-new-record-high