New Tractor Sales Are Declining

[nova3930]

That is what they are saying, but that is categorically NOT what caused the bank failure. Poor management that was too focused on other things rather than competence led to it's failure. The problem was not the Fed. It was the idiocy of the decision makers at the banks for not acting prudently.

combination really. bank borrowed short term to invest long term which is dimwitted and then when the fed raised rates to counteract the inflation they caused, suddenly the bank is upside down....

 

[Hay Dude]

Markets look horrible today. Good time to own precious metals. Glad I do.

 

[CloverKnollFarms]

But it’s the best economy ever! Just wait...

 

[nova3930]

Markets look horrible today. Good time to own precious metals. Glad I do.

We're in the coffin corner. The only difference in outcomes will be more or less inflation coupled with a recession. We spent far too long on the easy money plan...

 

[TN8Man]

You will own nothing and be happy

 

[Oaktree]

This just popped up in my news feed tonight:

According to AEM, "Sales for 2WD sub-40 hp. tractors in February were down 25.6% from 2022, with 8,785 sales this year, and 11,801 last year."

The same article noted that 4WD tractor sales were up 55% for February. I don't live in the farm belt so I may be missing something here, but aren't most sub-40hp tractors 4WD these days?

 

[airbiscuit]

This is what is in their 4wd category, not CUTs

 

[CloverKnollFarms]

The same article noted that 4WD tractor sales were up 55% for February. I don't live in the farm belt so I may be missing something here, but aren't most sub-40hp tractors 4WD these days?

Nope. 4wd means articulated 4wd… not CUT or SCUT

 

[MAX-24-Dean]

You will own nothing and be happy

And you will be told you know nothing and to be happy!

 

[jyoutz]

And you will be told you know nothing and to be happy!

Speak for yourself.