This edition of the Fastener Training Minute with Carmen Vertullo was originally published November 21, 2020 as “if you don’t have the point you’re going to get the point” during episode 158 of Fully Threaded Radio. Hello everyone. This is Carmen Vertullo with your Fastener Training Minute coming to you from the Fastener Training Institute […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 11/6/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for October was 56.5, improving for the second consecutive month. Nearly all components of the FDI showed m/m improvement. Looking forward, the Forward-Looking Indicator (FLI) also showed nice improvement, reaching the highest […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published October 18, 2020 as “Thread Stick-Out” during episode 157 of Fully Threaded Radio. Todays Fastener Training Minute comes by way of an email from one of our clients, and that email had to do with a question about “thread stick-out“. Now “Stick-Out” […]
Fully Threaded Radio episode 157 “One More Rep” was published October 18, 2020. The screw biz rebounded sooner than expected, but the customer meeting game still has a long way to go. Veteran sales pro Jackie “Kind of a Big Deal” Ventura guest-hosts a timely segment that details the current picture, as she welcomes fellow rep John “Cowboy” […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 10/4/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for September was 52.0, returning to growth after last month’s slight contractionary reading (49.2). An improvement in the sales and employment indexes drove the m/m improvement. Looking forward, the Forward-Looking Indicator (FLI) […]
Fully Threaded Radio episode 156 “Virtual Vegas” was published September 22, 2020. The one sure bet in the fastener industry is the Vegas show. But with this year’s long-odds cancellation, the FTR boys needed a way to unload their huge supply of giveaway Vegemite. They decided to set up a virtual booth anyway to see if […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/4/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, implying relatively stable momentum with July (near a neutral 50 reading). Looking at the drivers of the overall m/m moderation in the FDI, a decrease in the sales […]
Fully Threaded Radio episode 155 “Out-of-Synchness” was published August 15, 2020. Things don’t seem to fit together they way they once did, but an otherwise ripe market always seems out of whack to the inattentive. So when the circumspect Mr. Andy Cohn, of Duncan Bolt, joins news editor Mike McNulty to discuss the startling FDI results on the Fastener […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published August 15, 2020 as “System 22 thread gauging or thread inspection” during episode 155 of Fully Threaded Radio. I got a question or a suggestion recently from one of our good friends, Baron Yarbrough from Spring Bolt & Nut. Baron asked if […]
Written by R.W. Baird analyst David J. Manthey, CFA 8/5/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for July was 54.6, consistent with improving momentum (above 50 reading) but at a slower rate vs. the improvement seen in June (FDI decreased m/ m). As a diffusion index, the 54.6 reading indicates the trajectory […]