TechnoMetrica’s Auto Demand Index continues to be strong. As the COVID situation improves, it is reasonable to expect a significant increase in demand. City dwellers are driving the need for compact and smaller vehicles, which is a COVID phenomenon.
The TechnoMetrica Auto Demand Index (ADI) increased by 6-points, or 3.5 percent, to 178 in March, following a slight decline in February. Since the onset of COVID, the average ADI has been 165, compared to 178 this month.
TechnoMetrica Market Intelligence developed the Auto Demand Index, or ADI, as a way to measure the intent of consumers to buy or lease a new vehicle within the next six months.
The real portrait of the world’s best economy.
Non-investors’ bearishness neutralizes investors' bullishness.
Oil prices have surged recently, threatening to push Brent Crude, the global oil benchmark, to $100 a barrel for the first time in almost two years.
Rhetoric vs. Reality
Shadow warfare between Israel and Iran increasingly threatens to spill over into open conflict. Iran avoids state-on-state hostility by pursuing asymmetrical warfare through proxy armies.
Israeli retaliation for Iran’s missile attack will focus on reestablishing deterrence and preventing similar attacks, but any response risks pushing the Middle East further toward all-out war.
