Market highs, automotive industry: Market Domination Overtime

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Jared Blikre News

Nasdaq Composite,Auto Industry,Market Domination

On today's edition of Market Domination Overtime, Jared Blikre and Josh Lipton break down the market close and key stories from the June jobs report to the...

break down the market close and key stories from the June jobs report to the state of the auto industry.,"We have this kind of moderation that's going on... but the actual level is still quite strong. And so I think what that means is as we're assessing this data, we have to put some of this moderation into context. And so, yes, you have a headline figure in the NFP print today that was still above pre-COVID norms. But then you do see some signs of weakness underneath.

Um, and then when the November election takes place, guess what magically the seasonality kicks back in. And so, you know, I think what that means is as we're assessing this data, we have to put some of this moderation into context. And so when we look at the progress made on goods inflation thus far, that's really what has led a lot of this disinflationary move lower.

And so that's what makes this transmission of or um I would say this movement in some of the data hard to grapple with because we do see weakening, but is it weakness? However, looking to the second half of the year, the road ahead for automakers may be a rocky one, cox automotive executive analyst and senior director, Economic and industry insights.You know, we did just hear as we mentioned uh from GM and Ford and Tesla um just a 30,000 ft view.You know, I think we actually have to put it in perspective and, and so far, I think we're seeing a pretty good year.

They were primarily the biggest competitor in the market, the only competitor in the market for a long time outside of Nissan and Chevy. It's just going to take us a little bit longer and we're really excited about the fact that we finally have some additional players in the market providing some really good options for consumers.Um I was just looking at the Wi Fi Interactive, I know you don't comment on stock prices, but what I'm gonna show illustrates uh the big versus the small.

And of course, we may see a few like we saw with Fisker filing for bankruptcy, some of them will go away from the market and that's ok. That's the speed of competition, right?You know, we talked about ev si also want to know what's going on with trucks, Aaron broadly, I mean, what are the, what are the trends and themes you're seeing there so broadly, I mean, trucks still make up a majority of our sales.

 

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