yoderjac
5 year old buck +
Do you think everyone with an opinion is an expert...
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
chummer
5 year old buck +
Just youDo you think everyone with an opinion is an expert...
Angus 1895
5 year old buck +
My ZIM is zooming
My Zoom………
not so much.
ouch
My Zoom………
not so much.
ouch
yoderjac
5 year old buck +
I appreciate your confidence in me, but if you read my posting history, you'll find that title has been disclaimed on this very thread.
jsasker007
5 year old buck +
I think we are going to see voluntary lock downs from the inflated costs(people can't afford to go anywhere or do anything) that will be similar to the mandatory lock downs we suffered through from the VID. Stay at home stocks might be the better part of the stock market for a while. Just thinking out loud here because I've never seen everything unravel all at once like things are now. But I still want to make money!
Angus 1895
5 year old buck +
It’s funny the Wall Street CNBC is saying John Deere is going 2 go higher because wheat is up 40%
Guess they ain’t been farming
Buying fertilizer seed diesel
Guess they ain’t been farming
Buying fertilizer seed diesel
BuckSutherland
5 year old buck +
JD makes TONS of cash from selling parts at the service counter. They will definitely be getting in on the action even if new equipment sales slowed. I also know plenty of farmers that will gladly spend 200K on a piece of equipment if they dont have to pay 10k in income taxes. JD is gonna do well with high priced commodities. There is no guarantee that will translate into a higher stock price though.
chummer
5 year old buck +
JD also sells construction equipment and will have a big year there. Thanks to the billions Joe gave back to the states in the name of covid a lot of municipalities are flush with cash they have to spend. It is going on big ticket items they had been putting off, in some cases for years. That goes for CAT as well. They both have been short on machines for the last year so they have built up demand on the private side as well.
Angus 1895
5 year old buck +
I guess I better buy me some!
b116757
5 year old buck +
The newer farm equipment and construction falls under the crazy EPA regulations since about 2011 many folks will not buy new equipment any longer and simply rebuilding all the older stuff that actually works when you turn the key. One of the reasons the used heavy equipment market is pretty hot. Now some of the bigger guys may buy new and trade every few years to avoid the inevitable repairs at a greatly reduced number of hours than pre 2011 equipment experiences. My row crop guy is utterly disgusted with his newer equipment.
chummer
5 year old buck +
It is a PIA but they have it figured out pretty good now. The first generation in 2011-15 was a disaster. In NY you have to run the tier4 stuff to get a lot of the jobs. My best customer had a fleet of machines parked because most of their work was with the power company and they mandated tier 4 machines. He had to rent it all from me while having millions of $ in equipment sitting in his yard. Not sure how many states are like NY. You know what country still runs 100% of the old stuff? I will give you a hint. They released Covid on the world and have under age porn tapes of Hunter.
yoderjac
5 year old buck +
Folks around here have been pissed at JD over the dealership maintenance requirements with the newer computer driven equipment and proprietary stuff. Folks can't diagnose and fix stuff themselves and don't like it. I'm sure Deere did some analysis to evaluate if the increased profits from dealership only maintenance is offset by sales losses from pissing off folks.
Nothing against Deere in general, but our local dealership has been a real PITA for service. Both expensive and slow. I don't have a JD tractor but I do have some other JD equipment. I ended buying a JD35G mini-excavator from another JD dealership that was great to work with.
I ended up buying a Kioti tractor years ago. That off-brand was a mistake. Very functional, but poorly designed, and always in the shop. I think I see a Kubota in my future when the Kioti finally dies.
Nothing against Deere in general, but our local dealership has been a real PITA for service. Both expensive and slow. I don't have a JD tractor but I do have some other JD equipment. I ended buying a JD35G mini-excavator from another JD dealership that was great to work with.
I ended up buying a Kioti tractor years ago. That off-brand was a mistake. Very functional, but poorly designed, and always in the shop. I think I see a Kubota in my future when the Kioti finally dies.
Couple of very interesting reads; if, you don't mind long discussions.
https://www.theatlantic.com/magazine/archive/2006/05/the-desert-one-debacle/304803/
The following article, while presented by a loan company is an incomplete thumb nail sketch of some major factors in play. However, a new phenomenon - large corporate firms buying up (cash sales) 1000's of houses to rent - in an economy with a serious housing shortage has driven rents up substantially in many large metropolitan markets and escalated housing prices out of reach for many younger middle class Americans. How this shakes out remains to be seen.
https://www.loanatik.com/827-2/
https://www.theatlantic.com/magazine/archive/2006/05/the-desert-one-debacle/304803/
The following article, while presented by a loan company is an incomplete thumb nail sketch of some major factors in play. However, a new phenomenon - large corporate firms buying up (cash sales) 1000's of houses to rent - in an economy with a serious housing shortage has driven rents up substantially in many large metropolitan markets and escalated housing prices out of reach for many younger middle class Americans. How this shakes out remains to be seen.
https://www.loanatik.com/827-2/
