So, beginning in mid-2105 the availability and price of .22 ammo should have begun to become abundantly available again with a return to normal pricing. So it has been nearly two years since the dynamics have been a near certainty for a market recalibration, and yet it apparently is still iffy.
Once the .22 ammo bubble started, it inflated itself. Now it is deflating because the manufacturers have increased the supply and the demand has started to slack off.
What you or I might see as “obvious” is not at all “obvious” to everyone else.
I saw the housing bubble as a bubble long before it popped in 2008. But most people did not. That is the nature of bubbles.
Why did the housing bubble go on for as long as it did?
Why did the South Sea bubble last as long as it did? Isaac Newton, a true genious, made then lost, a fortune in that bubble.
Why did the Tulip bubble last as long as it did?
Bubbles are impervious to logic.
You are correct. Somethin’ ain’t right.
Because it is a bubble.
Will be giddy with a full, POP!