Energy Investing - Real world stays ugly. - Energy Investing - InvestorVillage


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Msg  501060 of 550892  at  5/31/2023 9:21:36 AM  by

marpincan


 In response to msg 501052 by  doomonyou
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Re: Real world stays ugly.


 Much of the low inflation of the past 20 years was done on the back of China - moving manufacturing and mineral processing  from higher cost jurisdictions to China. As governments look to lower dependence on Chinese manufacturing and processing, this gets unwound and the result is inflation. 
  For auto parts retailers, they also face the additional head winds of Electric Vehicles. Its a completely different game with EV auto parts. A lot less parts and in many cases not something the DIYer would get into. DIYers are a big part of the Auto Parts store business.  JMO


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