Gun sales spiked both in 2008 and 2012 - now, after President Trump's election, it is a different story. From Tyler Durden at Zero Hedge:
Crashing "Post-Obama Era" Gun Sales Lead To Remington Mass Layoffs
As we noted last summer, the Obama administration’s constant gun control threats did little more than flood American homes with more guns as people looked to stockpile weapons ahead of anticipated new regulations. In fact, both of Obama's elections resulted in massive and unprecedented spikes in gun sales.
Meanwhile, Obama's presidency was a boon for the gun manufacturers whose revenue, profitability and stocks all soared during his presidency.
But while the constant threat of new regulations under Obama resulted in a massive full forward of gun demand and pushed gun stocks to all-time highs, the election of Trump, and thus the removal of those threats for at least the next 4-8 years, is having exactly the opposite effect.
Much more at the site - Remington is having to lay off 120 people, Smith & Wesson stock is down from $28 to $19 and predictions for the number of FBI Background Checks is expected to be down 15%
The good news is that gun prices should come down a bit. I have most of what I want but a nice 1911 would be a welcome addition.
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