Submitted by Garweft t3_10pxjjk in wallstreetbets
Mya_Elle_Terego t1_j6n6lau wrote
Reply to comment by Jarlwald5 in Put them in their place daddy Powell. by Garweft
That shit ain’t coming down until real inflation drops. The commodity market is on steroids. Steel selling for more than aluminum. Those items aren’t based on sentiment, but global commodity rates. I couldn’t believe last June when it was cheaper to buy 3 tons of aluminum than steel at work. That makes cars real cost over double what it was regardless of competition or interest rates.
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