The Car Market Is Crashing | Paul Hodges
To get $1,000 off The pH report and receive a free sample report, email phodges@new-normal.com or jack@blockworks.co, or visit https://new-normal.com/the-ph-report-overview/.\n\nHaving shared his dire warnings about the chemicals market, Paul Hodges, and author of The pH Report and chairman of New Normal Consulting, returns to Forward Guidance to share equally grim tidings about the global automotive industry, which Hodges argues is entering a severe recession. Hodges notes that sales volumes and car prices are falling sharply around the world, and he discusses cyclical as well as secular themes in Asian, European, and American automobile markets.\xa0\n\nDisclosure: The pH Report is a research partner of Forward Guidance. Blockworks receives a share of proceeds for each conversion to The pH Report. For any questions, email phodges@new-normal.com or jack@blockworks.co.\n--\nPaul Hodges on Twitter https://twitter.com/paulhodges1\nFollow Jack Farley on Twitter https://rb.gy/uesguv\nFollow Forward Guidance on Twitter https://rb.gy/cy0dki\nFollow Blockworks on Twitter https://rb.gy/igyzsj\n--\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:\nhttps://rb.gy/5weeyw\n\nMarket commentary, charts, degen trade ideas, governance updates, token performance, can\u2019t-miss-tweets and more. Subscribe to the Blockworks Research \u201cDaily Debrief\u201d Newsletter:\nhttps://rb.gy/feusos\n--\nTimestamps:\n(00:00) Introduction\n(00:50) The Health Of The Global Car Market\n(05:08) The U.S. Auto Market\n(13:49) Car Values Are Falling - What's Next?\n(24:32) Slowdown in Chinese Auto Market\n(30:30) Tesla\n(33:43) Autonomous Vehicles (AVs) - When WIll They Become Mainstream?\n(45:23) Europe's Auto Market\n(51:23) Investing In Electric and Autonomous Vehicles\n(01:06:51) China's Relationships with Non-Chinese Automakers\n(01:10:33) The pH Report As a Research Partner of Forward Guidance\n(01:14:05) The Chemicals Market Remains Stupendously Bearish\n--\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.