Auto exports out of Mexico plunged in January. While bad news for the struggling Mexican economy, this is more evidence for the growing global backlash of which the car business is right in the middle of. Cars aren't a victim but now a cause for concern the world over - including the primary reason for the struggle to begin with. America.
Eurodollar University's Money & Macro Analysis
Bloomberg German Industrial Production Falls Most in Five Months on Cars
https://www.bloomberg.com/news/articles/2025-02-07/german-industrial-production-falls-most-in-five-months-on-cars
Bloomberg German Government Slashes 2025 Forecast Before Snap Election
https://www.bloomberg.com/news/articles/2025-01-29/german-government-slashes-growth-forecast-before-snap-election
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.