I would say business, or at least demand, is back to normal. Business was abnormal from Sandyhook until president Trump. During that time too many new outfits jumped in thinking of easy money. Now in some segments there’s too much inventory to support normal demand, and I think that many outfits over produced thinking of president Hillary. Their finance payments are due, so they are selling inventory at a loss.
The current state of the industry is transient, and you won’t see prices this low again probably ever. In something like 12 to 24 months it will all work itself out.
ben, yep I concur with all of that except the start of the arc can be traced back to ’08. And of course a similar market disruption cycle took place in the 90’s, and the 70’s, and the 60’s, albeit much less radical and sustained, hence the zero’s title of salesman of the century for all things shooty.
September 30th, 2017 at 2:16 am
I would say business, or at least demand, is back to normal. Business was abnormal from Sandyhook until president Trump. During that time too many new outfits jumped in thinking of easy money. Now in some segments there’s too much inventory to support normal demand, and I think that many outfits over produced thinking of president Hillary. Their finance payments are due, so they are selling inventory at a loss.
The current state of the industry is transient, and you won’t see prices this low again probably ever. In something like 12 to 24 months it will all work itself out.
September 30th, 2017 at 9:57 am
ben, yep I concur with all of that except the start of the arc can be traced back to ’08. And of course a similar market disruption cycle took place in the 90’s, and the 70’s, and the 60’s, albeit much less radical and sustained, hence the zero’s title of salesman of the century for all things shooty.