Friday, December 8, 2017
Misfire
I was reading in Bloomberg earlier about the pricing slump in gun sales.
It impacting profits and stock prices among all of the manufacturers...
Seems without the constant drum beat of "they are coming for your guns" that has stoked sales for the past few years, the supply/demand ratio is all outta whack in the market.
It is driving a price war at the retail level, thought to be unsustainable.
Manufacturing levels are too high, margins are dropping, stock prices falling, all around band news for the gun business...
Who knew that the NRA's dream of a pro-gun administration would be bad for the companies it lobbies for...
Article here, if you want a look.
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