I think you meant to say "Structural inflation keeps interest rates higher for longer. As a result, car payments have Increased (not decreased) decreased significantly over the years. Otherwise good article and a good contrarian bet on PGM for the next few years, especially if the EV craze dies down as people realize that this is a niche market.
I think you meant to say "Structural inflation keeps interest rates higher for longer. As a result, car payments have Increased (not decreased) decreased significantly over the years. Otherwise good article and a good contrarian bet on PGM for the next few years, especially if the EV craze dies down as people realize that this is a niche market.
Thanks for your vigilant eye and kind words. Definitely, I mean, higher car payments. The rookie error is fixed.