o_0_O_0_o
Oct 3, 2:16 AM
$AN @ggoggo Like these consumer sentiment and economic conditions index. That lower K economy is essentially at the bottom of the 2008 financial crisis. So it’s not just Autonation but all of these consumer related companies, assuming we actually have a consumer recovery.
Part of me has doubts, like maybe that failing lower K consumer is structurally stuck. Data is showing 25% of US millennials are either morbidly obese or junkies on drugs, they are decades of crashed out and filth all over the streets and not buying cars. 🫤
We might be stuck with some permanently failing consumer underclass if they can’t/won’t get out of that.
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