Final Thoughts
Final Thoughts
Written by John Packard
September 29, 2013
Our next SMU steel market survey will begin on Monday, September 30th and will run through Thursday, October 3rd. If you receive an invitation please take a few minutes to participate by clicking on the link contained in the invitation.
I will be in my office first thing on Monday before traveling down to Atlanta for meetings prior to the start of Metalcon. Metalcon opens on Tuesday afternoon and both John Temples and I will be there on that date as well as Wednesday afternoon and for a short time Thursday morning. If you would like to meet with us you can check our schedules by sending us an email: John@SteelMarketUpdate.com or JohnTemples@SteelMarketUpdate.com or you can contact me on my cell phone during the show: 770-596-6268.
Our new website start date has been pushed out a few more days. The problem software has been replaced and we need to do at least one week of testing. With us out of the office for our next Steel 101 workshop on Tuesday and Wednesday (October 8th and 9th) my expectation is it will be closer to the end of that week before the site is brought online. We continue to add to the site and are anxious for it to come online.
So, it looks like the new September 13th is really more like October 11th…
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard
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United Airlines raised eyebrows earlier this month when it provided two forecasts for 2025 – one assuming a relatively stable economy and another assuming a recession. The reason? Uncertainty around the impact of President Trump’s policy shocks on the broader economy. And it sometimes feels like we’re seeing a battle between those two narratives (stable vs recession) play out within in the pages of this newsletter.
Final Thoughts
Despite some scary headlines lately (especially about Trump potentially firing Fed Chair Jerome Powell) this is not October 2008 (financial crisis) or March 2020 (onset of the pandemic). But it sure seems like we’ve taken a relatively strong economy and poured a thick sauce of uncertainty over it.
Final Thoughts
I put some of our survey data through ChatGpt, with interesting results.