-first billionaire outed as adulterer w age appropriate women
-career implodes
-heโs the key man at a load bearing company thatโs ~7% of s&p 500
-nvidia loses 500B in market cap
what does this mean
The average price of a new car in 2000 was $20,300. That's $40,590 in today's money. The average new car transaction price is outpacing inflation by 25%.
The U.S. auto market is headed for a cliff and we keep pressing on the accelerator.