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re: Look for the powers that be to cause a market crash/correction right before 2020 election
Posted on 2/21/20 at 12:42 pm to Paul Maul number 37
Posted on 2/21/20 at 12:42 pm to Paul Maul number 37
quote:
The coronavirus is already going to have a huge impact.......
It is definitely killing car sales in China, which means US, Japan, Korea and European OEMs will get hurt. Big ripple effects.
China car sales plunge 92%
Considering that their market is about as big as ours this is huge. Not only that their customers can't get to dealerships, their workers can't make the parts and vehicles. Much of the supply chain also originates outside of China.
It's going to leave a mark.
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