High gas prices will also drive more buyers to EVs, thinking they won't need to buy fuel anymore. Electric rates will rise, gas will get cheaper. Though I'm not sure that the supply of EVs is enough that this would be very noticable right now. The EVs themselves will be expensive though!
On Wed, May 25, 2022, at 11:38 AM, Curt Raymond via Mercedes wrote: > I suspect this summer we'll see a decline in travel and an increase in > sedan sales. Ford and GM will, as usual, be left behind in sales due to > their gamble that nobody will buy anything other than SUVs anymore. > Gas prices will stabilize as demand decreases. > Curt > > Sent from Yahoo Mail on Android > > On Wed, May 25, 2022 at 11:24 AM, > mi...@mitchellhaley.com<mi...@mitchellhaley.com> wrote: On 2022-05-25 > 11:18, Curt Raymond via Mercedes wrote: >> Seems unlikely. Usually when I hear the crazies get real news time I >> know the worst is over.Housing market is a good example, I heard on >> the radio "the current high prices are the new normal and will >> continue forever." Now housing prices are falling... > > > With something that the buyer has the power to set the price, like > housing, corporate stocks, and tulip bulbs, the price will peak when > everybody in the market believes it can only keep rising in price. > Confidence and Fear Of Missing Out will be at maximum levels, until an > outside force crashes the price. > > The reverse works at the bottom. When nobody wants to buy today because > they know it'll be cheaper tomorrow, that's when the price can't go any > lower. > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
