In today’s episode of Farm Equipment’s Used Equipment Remarketing Roadmaps podcast, host Casey Seymour of Moving Iron LLC talks with Rich Posson, an analyst with Ag Financial.
Casey and Rich get things started talking about how the trade issues facing the U.S. are impacting the overall economy and the ag economy more specifically. He says the biggest negative impact has been on China’s stock market. He suggests that’s not entirely the result of the tariffs.
The two also discuss the potential of a recession hitting the U.S. in the next few years. While a correction in housing is coming, Rich says it won’t be like the housing bubble the U.S. experienced in 2008. China could be a different story though.
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Sound Effects: Jahzzar - Magic Mountain