Fear Subsides, Prices Rise

For what its worth, my guess is that fear is subsiding because of exhaustion! It's been almost 3 years since the crisis has started. None of the news is good, its just a lot less bad (which to a certain degree is good). Chief economist of Edmonds.com had an interesting comment, people are replacing cars out of necessity not out of choice. That speaks volume to an iconic american product such as automobile. Frankly, you sound downright gloomy today, that is worrying

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