f7ben Posted December 13, 2019 Share Posted December 13, 2019 Just through year end. Something really significant is going on d we arent being told about it. That will be nearly 1.5 trillion of QE in a matter of a few months without any answers at all. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 Can we say 30K. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 13, 2019 Author Share Posted December 13, 2019 10 minutes ago, ArcticCrusher said: Can we say 30K. Why not just print another 10 trillion and purchase equities. Could be 100k!! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 13, 2019 Platinum Contributing Member Share Posted December 13, 2019 12 minutes ago, ArcticCrusher said: Can we say 30K. I'm up 43.85% on the year. Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 13, 2019 Share Posted December 13, 2019 I hope what I think is going to happen doesn't, I hope history isn't repeating itself. With in the last 6 months a cabinet factory went under about 1,000 jobs lost, another manufacturing company laid off 150, one of the last manufacturing companies close to my home is now dead in the water, as is my friends machine shop who makes product for them. Quote Link to comment Share on other sites More sharing options...
awful knawful Posted December 13, 2019 Share Posted December 13, 2019 Bubble is growing. Big trouble when it pops! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 13, 2019 Platinum Contributing Member Share Posted December 13, 2019 3 minutes ago, 1jkw said: I hope what I think is going to happen doesn't, I hope history isn't repeating itself. With in the last 6 months a cabinet factory went under about 1,000 jobs lost, another manufacturing company laid off 150, one of the last manufacturing companies close to my home is now dead in the water, as is my friends machine shop who makes product for them. Your machine shop buddy needs to find new customers. Most machine shops are jamming right now. 2 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 3 minutes ago, 1jkw said: I hope what I think is going to happen doesn't, I hope history isn't repeating itself. With in the last 6 months a cabinet factory went under about 1,000 jobs lost, another manufacturing company laid off 150, one of the last manufacturing companies close to my home is now dead in the water, as is my friends machine shop who makes product for them. My customers are all spending money and they are across broad industries. Also, the big automation manu's have a much better understanding of the big F500 spending intentions for a few years out. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 1 minute ago, steve from amherst said: Your machine shop buddy needs to find new customers. Most machine shops are jamming right now. Still going strong. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 6 minutes ago, Highmark said: I'm up 43.85% on the year. 23% Quote Link to comment Share on other sites More sharing options...
Zambroski Posted December 13, 2019 Share Posted December 13, 2019 Setting up for China fight. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted December 13, 2019 Share Posted December 13, 2019 History ALWAYS repeats itself. The next one will be the largest as Trump will do what his supporters voted him in office for...bankrupt the country. Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 13, 2019 Share Posted December 13, 2019 3 minutes ago, ArcticCrusher said: My customers are all spending money and they are across broad industries. Also, the big automation manu's have a much better understanding of the big F500 spending intentions for a few years out. 3 minutes ago, ArcticCrusher said: Still going strong. His main company is probably the largest manufacture company in our area, he has worked for them on his own for years after being employed by them for a few years, right now he is going to ride it out and hope they pick back up. There is always work out there just the level of pay and dependability of pay is the question. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 (edited) 6 minutes ago, 1jkw said: His main company is probably the largest manufacture company in our area, he has worked for them on his own for years after being employed by them for a few years, right now he is going to ride it out and hope they pick back up. There is always work out there just the level of pay and dependability of pay is the question. That is why you need to look across various industries and companies. 2020 is already looking to be my best year. Also I would never want one customer to be more than 20% of my sales for a sustained period of time. Edited December 13, 2019 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 13, 2019 Share Posted December 13, 2019 1 minute ago, ArcticCrusher said: That is why you need to look across various industries and companies. 2020 is already looking to be my best year. We are in a rural area there aren't a lot of companies to chose from, and to work for a large corp. has it's risks for small shops. There are a number of excavating companies here that are always trying to get machine work done but they pay really slow and want it fast and cheap. I think many people thought the same thing in 2007. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 13, 2019 Platinum Contributing Member Share Posted December 13, 2019 6 minutes ago, ArcticCrusher said: Also I would never want one customer to be more than 20% of my sales for a sustained period of time. Nope . your their whore. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 13, 2019 Share Posted December 13, 2019 43 minutes ago, f7ben said: Just through year end. Something really significant is going on d we arent being told about it. That will be nearly 1.5 trillion of QE in a matter of a few months without any answers at all. Has to do with the low interest rate environment and liquidity needs. There is plenty of news and “answers” on it in wsj, Bloomberg etc. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 13, 2019 Author Share Posted December 13, 2019 2 minutes ago, DriftBusta said: Has to do with the low interest rate environment and liquidity needs. There is plenty of news and “answers” on it in wsj, Bloomberg etc. Why are banks facing a sudden liquidity crunch??? If their commercial ops are unable to meet liquidity requirements then they should be moving funds from investment arms to meet those requitements. Quote Link to comment Share on other sites More sharing options...
s pump Posted December 13, 2019 Share Posted December 13, 2019 24 minutes ago, ArcticCrusher said: That is why you need to look across various industries and companies. 2020 is already looking to be my best year. Also I would never want one customer to be more than 20% of my sales for a sustained period of time. AC, what do you manufacture? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 13, 2019 Platinum Contributing Member Share Posted December 13, 2019 1. I don't believe the Fed has officially announced this yet. Only place I'm seeing it is Credit Suisse prediction. 2. This is not quite the same as the previous QE where some of action was the Fed buying up crappy assets. (mortgage back securities) Good article to understand what is happening. While this isn't necessarily positive it still is quite a bit different than previous QE's. https://www.cnbc.com/2019/12/10/fed-qe4-could-happen-before-years-end-credit-suisse-says.html Quote Link to comment Share on other sites More sharing options...
bussman Posted December 13, 2019 Share Posted December 13, 2019 1 hour ago, f7ben said: Just through year end. Something really significant is going on d we arent being told about it. That will be nearly 1.5 trillion of QE in a matter of a few months without any answers at all. China has the equivalent of some 60 trillion in debt. I agree, something massive is going on and we are not in the know. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 (edited) 27 minutes ago, s pump said: AC, what do you manufacture? Were an SI who have developed automation modules/products that crosses many industries. Looking at automating an entire bakery next year with all ingredients to about 20 dough mixers, another mixing application for a specialty paint co, various carbon fiber process upgrades etc etc. Like this dough mixer here are pretty common. Just showed you this as it's not our niche market but one we do well. Edited December 13, 2019 by ArcticCrusher Quote Link to comment Share on other sites More sharing options...
s pump Posted December 13, 2019 Share Posted December 13, 2019 Just now, ArcticCrusher said: Were an SI who have developed automation modules/products that crosses many industries. Looking at automating an entire bakery next year with all ingredients to about 20 dough mixers, another mixing application for a specialty paint co, various carbon fiber process upgrades etc etc. Very Nice....I dabble in packaging machinery myself. Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 13, 2019 Share Posted December 13, 2019 So mortgage rates should go down some more? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 13, 2019 Share Posted December 13, 2019 5 minutes ago, s pump said: Very Nice....I dabble in packaging machinery myself. So basically supply all the control panels, automation hardware PACs, SCADA application software, SQL Systems, Bar coding/RFId etc etc. Always loved the field. Quote Link to comment Share on other sites More sharing options...
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