hurleyjd said:
https://finance.yahoo.com/news/u-steel-plans-lay-off-221654984.html
Also I can tell you the drilling activity for oil and gas is slowing. How can I tell In Mineola Texas there is a company that hauls sand. Their lot is full of the trailers you could not park another one in there . Good chance there are a 100plus.
Also all of the construction equipment dealers that buy and sell used construction have a lot of inventory. Both on the way to Tyler lots are stacked to the brim.
Car companies and equipment have a lot of inventory. And according to banker friend I know a lot of the car and truck owners are upside down in their vehicles.
On the China trade deal the Chinese holds the winning hand. Trump will never get out of the tariff deal without being embarrassed by it and backing down. Herbert Hoover had a lot of tariffs on other countries and a recession and depression followed. History can repeat itself.
Every time you trade a car/truck in, dealerships always say your "upside down". I can't believe you all want China to win the so called trade war. SC-10,000 bottom 100%