TractorByNet.com - View Single Post - gloom and doom about the economey be darned!

Charlesaf3 · 05-08-2008, 03:21 PM

Yeah, there is some cutting back that the numbers aren't showing (I agree with mike on the numbers etc. btw)

Agriculture prices are doing well though, so that'll skew agricultural sales up. And costco/wally world sales are up, because people are looking to get more for their money. But that's not actually all that good a sign..

There is a lot of bad news around the bend. Home sales are going to go in the tank this year. Should be the ugliest summer for house prices - I'm currently calling bottom in summer 2009, with heavy drops till then (and my record is pretty good - I called this all years ago, and sold out of most of my real estate in 2005)

05-08-2008, 03:21 PM	#25 (permalink)
Charlesaf3 Veteran Member Join Date: Aug 2006 Location: Boston & Martha's Vineyard, People's Republik of Massachusetts Posts: 1,033	Re: gloom and doom about the economey be darned! Yeah, there is some cutting back that the numbers aren't showing (I agree with mike on the numbers etc. btw) Agriculture prices are doing well though, so that'll skew agricultural sales up. And costco/wally world sales are up, because people are looking to get more for their money. But that's not actually all that good a sign.. There is a lot of bad news around the bend. Home sales are going to go in the tank this year. Should be the ugliest summer for house prices - I'm currently calling bottom in summer 2009, with heavy drops till then (and my record is pretty good - I called this all years ago, and sold out of most of my real estate in 2005) __________________ ---------------------------------------- Charles Kubota B3030 Kubota M59 w/hydro thumb Neat stuff - ATI Preseeder, Hydraulic PHD, Wallenstein BX62r Chipper, Millonzi Grapple, CA 4n1 Bucket. Delta Hook Rear QA system. Too many other random attachments to list (or to own, per my gf) and a really bad tool addiction. But at least I haven't bought a dump truck or bulldozer. Yet.