Interest rates are starting to break things!

Words
189
Reading
1 min
Listen
Play
3y

Hi HODLers and Hiveans,


Image Source

Every previous time theUS10Y Yield, something broke and it seems today is another one of these moments. Market completely reversed and the US10Y is still sitting around 4% which is the highest it has been over the past 10 years!

As I explained in my latest post, I am looking to short Zombies Companies and I think #Carvana $CVNA is a good candidate as it pumped up 1000% over the past year. I have started slowly but feel more and more confident.

Used car prices have started to crash down again.

Used Car Prices

Average Tesla Prices

Tesla used car prices have taken a hit as Tesla lowered the price of its vehicles multiple times and the supply chain issues have been mostly fixed.

Stay safe out there,

Previous Articles

Interest rates are starting to break things! | Ecency