Fear of an Impending Car-Price Collapse Grips Auto Industry

finance.yahoo.com/news/fear-impending-car-price-collapse-110000556.html

Sort of a no-brainer here

The ripple effects that the shutdowns have for every single day they go on and the general societal changes will be a disaster for many, many industries for quite some time.

I’ve been saying for some time that a multi-year global Great Depression is a likely outcome from all of this.

I think that broad stock market buying here is a mistake, there will be short-term blips up, but there are more big downside moves ahead.

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.