Why Is The Market Skyrocketing?
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FACT: Masks against Covid-19 do not work because under the laws of physics they can't and both governors and mayors have and continue to kill your grandfather for political reasons.
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2020-07-15 09:28 by Karl Denninger
in Editorial , 1108 references Ignore this thread
Why Is The Market Skyrocketing?*
[Comments enabled]

A thought for the day.

The stock market is inches away from all-time highs in most indices, and beyond them in the tech sector.

Does any of this make sense if the so-called "pandemic" is as sold to the American public?

Think about it folks; this is what we're being told:

  • There is no lasting immunity.  You get Covid, and in a few months or a year you can get it again.  Note that this means you can get it even if vaccinated a year later.  In other words, forget the vaccine; it's worthless but will make companies a lot of money -- and that's if it doesn't leave a potentiating element behind, which it might.  If it does everyone who chooses to take it is at severely-elevated risk of death and you can't un-take a shot.  You cannot both have waning immunity and a vaccine that works.  One of those claims is false.  Given what we know about coronaviruses it's likely the waning immunity is real, as I've pointed out since this began.  In other words we have a tens-of-billions of dollars scam being spread around multiple firms as they're producing something that science says won't work over any length of time.

  • This virus is 10x or more as deadly as seasonal flu.  Yet it doesn't seem to kill healthy young people at all; seasonal flu does.  Further, the virus is clearly racist on the data; Singapore has a 0.06% fatality rate (approximately seasonal flu) while we have a 3.92% one -- sixty-five times higher  and yet both our nations have advanced medical systems.  Is this really likely to be true or are we counting people as having died of Covid19 who really did not because it suits a political climate along with scamming by the medical industry writ large, including short-cutting purchasing and safety protocols which would otherwise limit the ability to steal?  Multiple states, including Florida, have been caught fraudulently inflating their figures.  Incidentally please do note that nobody has yet been caught intentionally deflating their numbers.  Errors are randomly distributed; when all the "errors" go one way they're not mistakes, they're intentional, malicious, fraudulent and even felonious acts -- every single time.  Or worse -- are we intentionally killing people who get this bug by refusing to treat them early with inexpensive and potentially-effective drugs and treatment modalities, waiting until they literally have one foot in the grave before we deviate from the "standard of care" which is really nothing more than "stay home in bed and take Tylenol" and/or we're intentionally seeding the virus to vulnerable people in our health care and nursing home systems?  Again, tell me how Singapore has a death rate 1/65th of ours on a per-case basis unless one of those two explanations are true.  This is either fraud writ large or murder writ large; there is no other way to explain it.
     
     
  • The virus does not follow the laws of physics applicable to all airborne spread viruses, whether droplets or aerosols, but it's spread by droplets, aerosols, or both.  Not only is the virus racist it's also magical or even God-like in that it can evade the laws of physics.  Which is the more-likely explanation: This is a true statement or it's a massive, knowing and intentional lie that certain people and firms are profiting from and maintaining by refusing to so much as mention the contrary evidence, including direct evidence from both Wuhan and Hong Kong that was publicly reported at the time?

There's much more, of course, but this will do.

Then you have The Fed and Trump, the latter of whom screamed for zero interest rates -- and after being unable to get them why just like magic a deadly virus promoted by the same guy who ****ed several hundred thousand Americans into the hole with HIV/AIDS and he shows up to do his bidding, and The Fed dutifully "follows suit" as he's been demanding for three years.

Do you really think the people in the market are not smart enough to figure that out?

See, if this entire thing is real and "as sold"; that is, it could kill three to five percent of everyone in America -- old, young, about-to-die-anyway (remember, about 2.7 million Americans die every year form all causes) then it would utterly screw the economy and market on a durable basis.

Instead it's within a breath of all-time highs.

You'd think, if you listened to the screaming Karens and equally screaming tyrants at the state and local levels that a literal apocalypse is upon us of Biblical proportions, not a somewhat-nasty respiratory virus that kills some people who had one foot in the hole already.  Cries of permanent lung and cardiovascular damage in virtually everyone who gets the virus, as some fear-mongers are claiming, is literally the end of the modern economy -- no bull**** folks, the real deal.  Leverage (debt) being what it is such an event would be the literal end of the US Government and an outright dirty Civil War within months.

Yes, the 2024 fiscal cliff within Medicare I've written on since 2007 in these pages and spoken of since the 1990s is still there -- and has been accelerated by all this outrageously reckless spending.  That will be damned ugly and there's no avoiding it.  But that's a different animal altogether than what the fear-mongers are selling you and the #MaskHoles are lapping up and REEEEEEEEEEEEing over on a literal daily basis all over CNBC, CNN and elsewhere.

Is it entirely possible that the market has it 100% wrong and it really is that bad?  Well, yes.  It wouldn't be the first time.

But if it does have it wrong, and this virus is really that bad and racist besides since Singapore isn't seeing those results then I hope you have guns and ammunition in size already because both are damned hard to find right now and due to the leverage that already existed prior to this event, never mind what's being added today, you're very likely to die all right.

It's just that you're going to die of acute lead poisoning, mass-arson in your sleep, gross brutality or even cannibalism -- not Covid.

That's the bet you're taking if you believe in the Covid garbage being run.  You're literally begging to be killed in a social and economic train wreck worse than the WWII concentration camps by demanding "social distancing", masks and lockdowns.  YOU set up and in fact cheered on this calamity by spending the last 30 years intentionally goosing the economy and markets through unsustainable leverage irrespective of political party and have done nothing about it.  While that unwind is inevitable and going to hurt if you compound it with a virus that is truly as deadly and nasty as the Faucis, Birxes, Governors and Mayors all claim then what you're really advocating for and setting up is an all-on socio-economic collapse on a national if not world-wide basis and resulting global dirty Civil War.   This you advocate for in a world where multiple nations have nuclear weapons and some of those nations (including ours) will be destabilized to the point of political destruction.

You may as well suck-start a shotgun if you're in that camp.  It'll be faster and hurt less.

The alternative is that you recognize you're being sold bull**** by the bushel, the market is right, and you tell all those mayors, governors and the Federal Government to shove their #MaskHole bull**** up their ass where it might actually do some good -- and if they refuse, well, then you start writing a document that begins with "When in the course of human eventsand enforce it.

After all when you look at the Singapore death rate from Covid19 -- 0.06% -- and compare it with ours at 3.92% you can only come to one of two possible conclusions: We're intentionally killing people at a rate and to a degree that every single American should rise up immediately and put an end to the perpetrators reign of terror by force or we're lying on a scale so ridiculous that it rivals the sort of propaganda leaflets dropped during a war.

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M1919a2
Posts: 738
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Washington
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@Tickerguy

Finally, the good ole Ticker Guy is back! Welcome Home!
Zappafan
Posts: 4112
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Atlanta
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I dunno, I think it is quite likely both of these statements are true:

1. COVID isn't as bad as the Karens are screaming
2. The market is smoking bongs full of PCP-laced Mexican weed.

Last night I tried to shop for a new washing machine. Every place around town I called has barely any inventory. The few stores I was able to check out were nearly empty or still close early. In fact, traffic around here is still way below pre-COVID levels. There is no rush hour anymore in Atlanta.

The market is simply juiced by direct bond purchases by the Fed and Robinhood traders front-running it. It has no connection anymore to the real economy. That is my thesis and I am sticking to it.



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"I rule on land, air and sea, pass judgment on humanity
Winds blow from the bowels of hell
Will we give warning, only time will tell
Satan rears his ugly head, to spit into the wind": Megadeth
Oldno7
Posts: 2726
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RECALL STATE USA
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I was wondering the same thing. Country is in the dumps and the market is high. You know I don't give a ****. I don't need the rigged market and I don't have to take the risk so the market can go pound sand.

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IT'S THE SPENDING STUPID The US must become less a government of men, and more a government of LAW.When people lose everything and have nothing left to lose they lose it -Gerald Celente
Yurtfreak
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Phoenix, AZ
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Karl,

So you don't believe that the markets are significantly overvalued right now?
Nomullet
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SW
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It seems to me that only a crushing depression will end this madness.

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A bad day of programming is better than a good day of management.
Goforbroke
Posts: 8829
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A True American Patriot!
The tadpole is gone due to CV-19. I am hunkering down.
Online
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Goldman Sachs, JP Morgan made record profits last quarter thanks to trading operations. They are getting their share.

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Aztrader
Posts: 8562
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Scottsdale, AZ
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Some comments from a cousin in Germany this morning: we have been able to enjoy our time and luckily I am living in a country as well as many other countries that know the Coronavirus is a science issue and not a political issue so the kids have been able to go to the playgrounds for over 2 1/2 months and everything is almost back to normal. The kids are literally outside from 10 am to 10 pm. Our lives have been hectic with the neighbors coming over everyday to play at our house and eat our food but I would not change it for anything. Loving our lives even more the last 5 months. I call my counterparts in Switzerland this morning and got the same answer. Everything is going back to normal and they don't understand what is happening over here.
I now completely believe that all the news, the number of infected, the dead are all fake. The constant push to control the population is overwhelming and the sheep are falling right into line. It's almost like watching Nazi Germany propaganda machine from the 1930's all over again. They are pushing this BS way to hard to stop now. The virus news will disappear as soon as Trump loses the election. The timing of all this is just too convenient.
Tickerguy
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@Yurtfreak -
Quote:
So you don't believe that the markets are significantly overvalued right now?

It's ridiculously overvalued. Then again look at what it's pricing in -- the federal government expanded GDP on a dollar basis at an annualized SIXTY PERCENT rate last MONTH via deficit spending.

Is that possibly able to be continued? No. But on that basis the market is actually being SEDATE.

Will it blow up in your face? Yep. And when it does will it be extremely ugly? Yep.

But is it logical on the math? You bet.

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If you will not force justice to be done by any means necessary when over 50,000 are murdered by political hacks from both parties do not complain or expect my help when you or someone you love dies at their hand. -- Me
Jeepguy
Posts: 294
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Ohio
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@Tickerguy
Well yeah for some time I too have been weighing the options,pretty much it comes down to stand by and do nothing is worse than actually doing something, the problem is, is if we do something perhaps that's actually what they want as an excuse to exert even more force and control!

we're talking about groups of people that have everything that everybody else would want, and much like the typical dictator that one can study up on,they have a tendency to get bored with the wealth the luxury etc etc and if they're a king or an emperor the past shows that when they get bored with those things they immediately start looking towards war!

And of course the hierarchy within the society generally backs up that leaders wishes of war largely because they tend profit from it!

other assorted dictators not only look to outside enemies, but they become so delusional that they see enemies within their own borders largely the everyday regular citizen Joseph Stalin would be the prime example!

in other words in short I'm saying that they get bored with the money, the luxury and they just go after raw power!

and yes they still actually do pursue the wealth in the process, especially for their immediate supporters and backers!

I do indeed believe that all of the **** was planned, as I've said on here before notice how all of this stores had all of the apparatuses and signage ready to go practically overnight!

For years it has been theorized that not only the crash is coming of the economy, but it is a controlled crash that is a designed in the long run to yield more control for the elites!

The evidence of this I believe is right in front of all of our faces, it's like for instance last decade it was greatly talked about that brick-and-mortar retail was failing and they wanted to blame the internet even though every single one of those stores have had a website since the late nineties that they are in fact the internet e-commerce...

However many analysts across the board had completely ignored that they just went with the general narrative that everybody is shopping online blah blah blah they never bother to do any real analytical mathematics they're extremely basic which would dictate that if I don't have the 30 the 5-10 or the $20 to hand the likes of the brick and mortar store then I sure as hell probably don't have it to hand the online website!

Which means the real reason why retailers have been struggling, is not only have they run themselves into the ground via bad management, taking on insane amounts of debt, but also the sheer fact that their customer base is literally going broke, that they maxed out their credit cards, they mortgaged their house to the Hilton, many of them lost their houses and had to try and start over, many jobs were also lost, there's an income deficiency across the board that is the bigger picture that everyone ****ing ignored!

They distracted everyone from the income deficiency across the board, especially here within the past three years by hollering about the homeless problem, making it out that every single one of those people are totally on drugs they're mental etc etc, they've been pushing this propaganda narrative for a long time!

It's going from just talking **** about the homeless, to straight running them off and trying to keep them hidden as a means of trying to keep the cities and towns looking normal, so that the idiotic middle class don't see what's encroaching upon their backyard so that they ignore the fact that technically they're next!

I could go into greater detail on that okay articles already getting long!

of course I identified in 2010 that we are literally under the back normal look normal system...

Notice how ever since late 2008 they expanded food stamp program and made it super easy for people to get on it why do you think they did that? what purpose do you think that serves?

Well I'll tell you what purpose that serves..
because it's actually nothing more than a prop up / bailout for retailers why do you think every single retailer big and small busted their ass to take EBT if they didn't already?

You see I've been in retail a long time, and I can certainly tell you that the retailers totally go after the EBT money that's actually their main flow of cash, that's totally what they're out to get!

It accounts for Price hikes in the stores you see the government doesn't give a damn if they price gouge, because the government technically wants them to have as much of that EBT money as they can get their hands on, to keep the stores open because they're again it keeps your cities and towns looking normal, it's basically a big show to fool the middle class!!

meaning that the food stamp card holders are actually nothing more than unofficial couriers to the government their job is literally to take this money to the retailer's at their choice!

they're also serving as cannon fodder, because everyone sees the food stamp card everyone sees the food stamp card holder and that's who they freak out on, because they have no ****ing analytical skills to actually follow the money many managers within retail don't even get it!

so basically everyone in retail management on down is making their money off of welfare in effect they are on welfare!

Oh yeah landlords as well there's also a huge conglomerates, most of which were based out of Texas that own the majority of apartment complexes in nearly every state every county and every city they collect millions of dollars a month in welfare funds the tenants are only nearly being used as justification for handing these companies and independent landlords ungodly insane amounts of rent!

There again I could elaborate more...
The bottom line is to house those people that automatically equals a hell of a lot less people living on the street as homeless thus keeping your cities and towns normal...

but of course your landlords are drawing their money from the government basically the government is paying all of their business expenses, meaning that the government pays their taxes their mortgages their insurances and any upkeep that half of the slumlords care to do all the while providing them with a decent income so it's basically a prop up and the bailout.. for you guessed it a portion of the middle and upper-middle-class and of course corporations!

all I'm asking is that you think about it and to be quite honest yes compare it with your analyzation of the Medicaid Medicare scam that's been going on Thea that's why the medical industry has grown to be well over bloated...

this is what's happening the government is literally supporting nearly every industry and most people with a job are technically drawing their paycheck from welfare and they don't even realize that that's where the company they work for is getting most of their money there's a government contract somewhere even if they're not a retailer or in the landlord business!
Nomullet
Posts: 7791
Incept: 2007-11-11

SW
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So many Whys... UK is making mask wearing mandatory, but disease is clearly on the wane. Why now?
https://www.worldometers.info/coronaviru....

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A bad day of programming is better than a good day of management.
Zappafan
Posts: 4112
Incept: 2007-11-30

Atlanta
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I look at the markets now like that Jim Carey movie "the Truman Show."

We're in a bubble of fake, directly manipulated bonds and stocks.

The Fed has cornered the markets and there is no exit for them. They have to keep buying now, just like the JCB.

Like the poster above, I want no part of it and don't need to take the risk that some external force of nature puts an end to it overnight. Prepping and living my life without wasting any more of my mental energy trying to figure out the timing of when it goes down the crapper,now we're talking.

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"I rule on land, air and sea, pass judgment on humanity
Winds blow from the bowels of hell
Will we give warning, only time will tell
Satan rears his ugly head, to spit into the wind": Megadeth

Asimov
Posts: 117838
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East Tennessee
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Nomullet: Here's my answer to that on another thread https://market-ticker.org/akcs-www?singl....

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It's justifiably immoral to deal morally with an immoral entity.

Festina lente.
Jeepguy
Posts: 294
Incept: 2020-02-07

Ohio
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Well the original comment / article I was plotting to post today, was about Best buy coming out yesterday, and saying that they're mandating in all of their stores that you got to wear a mask to be there!

does anyone else find it interesting that there are people out there who talk about how, it's their store, it's their property it's their rules?

it's awful funny that the majority of those people that are in support of this certainly was not in support of a business picking and choosing who it can serve when a couple of queers went into a bakery in Florida and wanted them to bake their wedding cake!

In the same realm of time there was also the pizza shop incident catering the reception of a gay wedding in Indiana!

Now it's just fine for them to pick and choose who they serve based on whether or not the customer is wearing a mask! Somehow that's not discriminatory nor arbitrary!
Asimov
Posts: 117838
Incept: 2007-08-26

East Tennessee
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If a business wants to mandate a mask to enter their building, they are free to do so. They have the right to refuse service to whoever they wish.

A government telling us we must wear one to go into a business or to be out in public is another matter entirely.

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It's justifiably immoral to deal morally with an immoral entity.

Festina lente.
Tickerguy
Posts: 166193
Incept: 2007-06-26
A True American Patriot!
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Exactly.

Exception: Any coalition, combination or collusion between firms is illegal under 15 USC Chapter 1 - and is a CRIMINAL felony. Lock-step moves are, and have always been, admissible evidence of said felonious activity.

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If you will not force justice to be done by any means necessary when over 50,000 are murdered by political hacks from both parties do not complain or expect my help when you or someone you love dies at their hand. -- Me

Bluebird
Posts: 2035
Incept: 2008-05-02

SW Ohio
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Everything is rigged.
M1919a2
Posts: 738
Incept: 2015-07-18

Washington
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I can now understand the cliche'

Children are to be SEEN and NOT heard!
Wifi
Posts: 3566
Incept: 2013-02-13

Seagrove Beach
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@Zappafan, similar experience, about six months ago retired an old dryer, purchased, a new dryer from Lowe's drove to the store thinking cash & carry.

The had zero inventory other that the floor display. Paid for dryer, they stated the dryer would arrive on the next truck, a week later they called, there were no dryers of that model in any warehouse in the entire country, they would have to scout out other Lowe's stores to see if they had any in stock.

I ended up by the display/floor unit.

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Hurricane Evacuation Plan
1.Grab Beer
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Zappafan
Posts: 4112
Incept: 2007-11-30

Atlanta
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@Jeepguy wrote:

Quote:
this is what's happening the government is literally supporting nearly every industry and most people with a job are technically drawing their paycheck from welfare and they don't even realize that


Thanks for capturing that. Definitely true - even in the private sector industry I work in (IT security) there are boatloads of folks who wouldn't have jobs if it weren't for the beltway bandits, massive defense spending, etc.

We're all welfare queens now. With the possible exception of the small business that didn't take PPP money and is still hanging in there.

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"I rule on land, air and sea, pass judgment on humanity
Winds blow from the bowels of hell
Will we give warning, only time will tell
Satan rears his ugly head, to spit into the wind": Megadeth
Kfell
Posts: 149
Incept: 2014-09-09

New Hampshire
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https://www.wmur.com/article/judge-rules....

NH numbers and all of New England cases have been falling steady for a while and yet Nashua requires masks in businesses. Got into an argument with friends that masks have risks as well and sent them the link that Karl included from the physician group. Crickets from them after they all insisted i was wrong. The average ass hat isnt following manufactorers recommendations for N95's and the cloth masks offer very little protection even if they are being washed or clean regularly and since I have a goatee, no masks will help. but tell that to the Woke people.
Invisiblesun
Posts: 82
Incept: 2020-04-08

Maryland
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Concerning inventory issues, heard from a friend Carrier is several weeks backordered on certain brands of central air systems. Their factories have been open & closed & open due to Covid. So we will see a "boom" in manufacturing, as there is catch-up from zero.

What happens next? Crazy inflation? If the FED raises rates the market crashes. But if they don't and the government keeps giving away trillions the dollar will tank and inflation gets worst.

If we don't get a repeat of 2008 I will be surprised.
Horseyhefler
Posts: 12
Incept: 2020-04-07

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Don't bother shopping for a deep freezer. Ours took a crap, and finding a new one is like going hunting for toilet paper. Called Lowe's, they have zero, and as soon as a shipment arrives, they're hauled out the door the same day. Same everywhere else. Considering getting a used freezer, but a bit leery to put half the cow in there...
Nickdanger
Posts: 877
Incept: 2011-06-12

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I can confirm there are inventory issues on all appliances. The other day, our dishwasher cratered, and we went to the store to get a new one. They had loads of them on display, but only had 3-4 of the models in stock. Luckily, one of them was what we wanted, but they had to schedule the delivery 10 days out. If we had wanted one of the models they did not have in stock, it would have been 2+ months to get it.

Evidently, the combination of factory shut-downs and the stimulus checks created a perfect storm of short supply. Since there was no travel, everyone was updating their house.

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Grammar: the difference between knowing your **** and knowing you're ****.
Veeger
Posts: 100
Incept: 2013-02-13

Washington state
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@Zappafan... I bought a house and moved early in the shutdown. Replaced W/D, Fridge, Dishwasher and Trash compactor within the first month. I figured that it would be soon enough, we'd be in the situation you described. If it was/is coming from China, I suspect there isn't much coming and who is going to bring in inventory in an unknown economic environment. Yup, I'm in the 'buy it now' camp while you can get it...
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