Give some examples so I can be "in the know"
New Tractor Sales Are Declining
- Thread starter Cahaba Valley Farm
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Bobctat2035
Bronze Member
Indeed. I meant manufacturers will start doing what has already started happening in those industries.
Bobctat2035
Bronze Member
MinnesotaEric
Super Member
I get so much business news that I don't bother bookmarking or saving "the worst," as the investor class expects a serious downturn over the next 18 months. That said, from memory the two largest RE businesses had laid off at least 10% of the workforce. Cyrpto exchanges have set aside at least 20% of their workforce because money flow is down due to less people trading. With the decease in RE sales, financial institutions have been letting people working on underwriting in the third sub-basement go. It is just a daily trail of news of somebody laying off people. Ford let people go on lower sales and so forth.
The velocity of business is decreasing as inflation eats up discretionary income and with the sale contraction, excess employees are getting shaved and excess inventories are increasingly going on sale. Most CEOs expect worse times to come over the next year. Investors watching the business cycle are greedily waiting to deploy their war chests of money and buy low. We have a bubble of everything right now and we're still in it even as we experience record upsides in the market because the news wasn't as bad as expected (seven of the ten biggest market rallies have taken place during bear markets).
CNBC isn't showing the extensive list of layoffs articles I've seen on my news ticker but even typing layoffs in the search doesn't paint a pretty picture. CNBC Search : Find stock quotes, news, videos and more
Also, when energy prices rise, the warlords all over the world all start to saber-rattle.
ArlyA
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Still labor shortages here. Wages have gone up.
Hay Dude
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The economy is contracting
CloverKnollFarms
Elite Member
Fuel prices will continue to rise, along with interest rates.
We are well on our way to fixing the labor shortage. That will be a great win for this administration
We are well on our way to fixing the labor shortage. That will be a great win for this administration
cathy liebchen
Platinum Member
We are holding a lot of cash to buy more land once some of these owners get in a position they need to sell
MinnesotaEric
Super Member
Historically, domestic inflation has always been a self-inflicted wound by our government. Right now as OPEC slashes oil production by 2M barrels a day, remember that domestic drilling leases are down by 97% since the last administration and Keystone would have been bringing in an additional 800,000 barrels a day. This administration wants to "help push" everybody into alternative energy and especially so with vehicles.
Yet even Elon Musk cautioned against such a policy because technology and manufacturing are not there yet and the result of trying to push (via government control) people into alt energy would ruin us in the short term and push off green tech adaption in the long term because the resulting economic downturn would drive costs of business up and slow down the velocity of business and technology development. As it is I was intrigued by the electric F150 until I realized its max practical empty range is 300 miles and it could barely haul a fishing boat 100 mile between recharging. Cheecky Aussie John Cadogan explained using math skills the problem with scaling up current EV technology to something that weights 6,000 pounds or more.
2manyrocks
Super Member
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Just a random thought on my part, but I tend to think that there would need to be some kind of change in the highway system to give small EVs their own lanes or roadway systems. I don't see the average person being able to afford to buy a Tesla or electric Ford F150. I tend to think EV's are going to have to shrink in size to be affordable, but I'm not so sure that it would be safe for small EVs to share the same roadway system used by 18 wheelers.
I'm also not so sure but what it might be more efficient and safer for 18 wheelers to have their own lanes and roadway systems instead of having to contend with so many automobile drivers.
I'm also not so sure but what it might be more efficient and safer for 18 wheelers to have their own lanes and roadway systems instead of having to contend with so many automobile drivers.
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