Surveillance: Peak Yields with Rajappa
Bloomberg Surveillance
00:00
The Bizuo Micro Data Away From Used Car Prices
Retail sales are expected to fall 0.5% in September, but that's far away from the Rishuto caution of 300,000 pre-pandemic declines. The fact that used car prices are holding up so well is one of the important indicators showing you the households still have that income to drive the economy. And I think the market's much too presumptuous in terms of the degree of economic slack they're discounting it to forward structures of race.
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