Subject: Re: Asking for each of your takes

Higher prices because of tariffs mean less spending on services. Layoffs.

The trend I am seeing, particularly in autos, is a push up market: so the company takes more off of each of the shrinking number of people who buy from them...and they don't care about loss of volume.


VW to scrap models and focus on premium market -CFO tells FT

"The key target is not growth," Arno Antlitz told the Financial Times newspaper. "We are (more focused) on quality and on margins, rather than on volume and market share."

https://www.reuters.com/busine...

Ford Wants to Be 'The Porsche of Off-Road'

https://www.motor1.com/news/74...

It's almost as if corporate honchos look at the data that shows US economic policy is leaving lower income people behind, and the honchos are saying "OK, we'll leave lower end customers behind too".

Steve