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Here's your money briefing for Tuesday August 8th. I'm JR Wellen for the Wall Street Journal.

During the pandemic, a shortage of parts and shifts resulted in sticker shock for anyone

hoping to drive off with a new set of wheels. But even as the supply crunch has eased,

buyers are still digging deep to purchase a car. Demands just still sky high. It's defying all

expectations in particular this year where everyone expected a slowdown given how high prices have

got. We'll talk to Wall Street Journal reporter Ryan Feltson about the post-pandemic automobile

market and whether there's any relief in sight after the break.

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The pandemic upended the automobile industry and changed the way we shop for cars

and some of those changes are here to stay. Wall Street Journal reporter Ryan Feltson joins

me from Detroit. So Ryan, we saw inventories tighten up during the pandemic and that drove

prices significantly higher. The average price jumped more than 35% from 2019 to the end of last year.

But now that supply chain issues are easing, will we see prices come down?

In the near term, the answer is no. The general consensus is what we're probably going to see is

...