While Big Tech dumps $205 Billion into AI infrastructure debt, Tractor Supply's Q2 earnings report reveals a stark economic reality across rural America. Mark Malek breaks down why middle-class farmer
This year. Didnt buy anything to tune up tractors. Had 2 different businesses do annual service. So didnt spend at TSC or Lowes that I usually do. I am only buying what I need.
Ya know, that seems pretty spot on. Canada should pick a fight with California and it's status as "if a country" would be about the 4th economy in the world while having the similar population size as the entire country of Canada.
Tractor Supply just open up in my neighborhood, they seem to have a good variety of goods. The only problem we have no farms in this neighborhood it’s basically a residential home on small plots. There’s prices are very high and I can’t see them doing well. There’s a lot pick up trucks in the parking lot and people checking it out. No one is buying, there hardware can’t complete with Home Depot or Lowe’s
If the current path continues, how long until Warsh stops being an inflation hawk and bails out the market? Hyperscalers vs households -- we know who will be judged as too big to fail by this Fed?
Homestead Farmer here -- Used to shop at Tractor Supply regularly. Thanks to the cost of everything UP, I now shop the independent Feed Supply. They are less convenient as they are generally open M-F, so now I only shop Tractor Supply if it I need something after normal hours or on a Sunday. Also, I noticed less availabe help at the Supply -- are they cutting staff?
My wife works for Lowes and her store is top seller in the region. People aren't buying and employees are being pushed to be salesmen. She's been there enough years to know this is the worst it's been since the pandemic.
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Haven't been since this bankruptcy...
Then....what IS it going to do?
I find that shocking.