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  3. JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

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  • fluentinfinance@mastodon.socialF This user is from outside of this forum
    fluentinfinance@mastodon.socialF This user is from outside of this forum
    fluentinfinance@mastodon.social
    wrote last edited by
    #1

    JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

    Washing machines and refrigerators are leading economic indicators. I call it the Cardboard Box Indicator.

    When the economy booms, people buy appliances. Those items ship in cardboard boxes.

    When people stop buying appliances, factories stop buying cardboard. Shipping slows down. Jobs get cut.

    Pay attention.

    jazone@theforkiverse.comJ knowprose@mastodon.socialK noplasticshower@infosec.exchangeN cienmilojos@infosec.exchangeC 4 Replies Last reply
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    • fluentinfinance@mastodon.socialF fluentinfinance@mastodon.social

      JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

      Washing machines and refrigerators are leading economic indicators. I call it the Cardboard Box Indicator.

      When the economy booms, people buy appliances. Those items ship in cardboard boxes.

      When people stop buying appliances, factories stop buying cardboard. Shipping slows down. Jobs get cut.

      Pay attention.

      jazone@theforkiverse.comJ This user is from outside of this forum
      jazone@theforkiverse.comJ This user is from outside of this forum
      jazone@theforkiverse.com
      wrote last edited by
      #2

      @FluentInFinance

      A fair assessment. I tend to track the word "recession" across all media and the idea seems as taboo now as associating Trump to Epstein was before Musk triggered everyone on that idea.

      1 Reply Last reply
      0
      • fluentinfinance@mastodon.socialF fluentinfinance@mastodon.social

        JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

        Washing machines and refrigerators are leading economic indicators. I call it the Cardboard Box Indicator.

        When the economy booms, people buy appliances. Those items ship in cardboard boxes.

        When people stop buying appliances, factories stop buying cardboard. Shipping slows down. Jobs get cut.

        Pay attention.

        knowprose@mastodon.socialK This user is from outside of this forum
        knowprose@mastodon.socialK This user is from outside of this forum
        knowprose@mastodon.social
        wrote last edited by
        #3

        @FluentInFinance cardboard box indicator. That's a good indicator. 🙃

        1 Reply Last reply
        0
        • fluentinfinance@mastodon.socialF fluentinfinance@mastodon.social

          JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

          Washing machines and refrigerators are leading economic indicators. I call it the Cardboard Box Indicator.

          When the economy booms, people buy appliances. Those items ship in cardboard boxes.

          When people stop buying appliances, factories stop buying cardboard. Shipping slows down. Jobs get cut.

          Pay attention.

          noplasticshower@infosec.exchangeN This user is from outside of this forum
          noplasticshower@infosec.exchangeN This user is from outside of this forum
          noplasticshower@infosec.exchange
          wrote last edited by
          #4

          @FluentInFinance we are in a recession

          1 Reply Last reply
          0
          • fluentinfinance@mastodon.socialF fluentinfinance@mastodon.social

            JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis.

            Washing machines and refrigerators are leading economic indicators. I call it the Cardboard Box Indicator.

            When the economy booms, people buy appliances. Those items ship in cardboard boxes.

            When people stop buying appliances, factories stop buying cardboard. Shipping slows down. Jobs get cut.

            Pay attention.

            cienmilojos@infosec.exchangeC This user is from outside of this forum
            cienmilojos@infosec.exchangeC This user is from outside of this forum
            cienmilojos@infosec.exchange
            wrote last edited by
            #5

            @FluentInFinance quick someone go buy a shit home appliance that will break in 3 years with no way to repair it other than buy another shit home appliance.

            Me and my old ass speed queen, just over here chilling

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