Wednesday, May 18, 2022 9:39:41 PM
Watch what will happen to real estate as interest rates ris ena builders pull back. I see a large muti state trust company loaded wit trusees ,but I doubt the majority of these will leave the storage are. The young president of the company hasn't a clue as to how these work in rising interest rates. They have planst in 3 states cnetal USA to TX. One of my brother in-laws is a contractor in TX he says things are slowing. With gas and food prices plus shortages folks will wait on large purchases. CAr sales which have been going over sticker may soon see buyers evaporate. Car manufatures need parts which come fom off shores and they aren;t coming.Alst fall I visited a Ford [lant in Dearborn makin F150's they had a lot of them stored on lots wiating forfianl parts coming for off shore. go to a new car dealer and see about getting a new car. They will try to sell a used one on the lot.
This is a recession unlkike none we have seen
Last night I was told of a young lady who has had the boster and she has now been told she is sterial The Dr who did the mRNA will not allow his family to get the vacccine. The VP of Pfizer who resigned I saw on TV saying now woman of child bearing age should get this. Somethingis vey wrong with what is happening now.
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