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Don’t have China become involved in the conflict.
This is the tricky one for China - if Russia continues on the path they are clearly look to go, they will be attacking NATO next which in turns means NATO will go full war to respond and China will be forced to figure out how they respond to that. Could go in many different ways of course.
I hope it never gets that far, but that depends on Ukraine winning.
That was last quarter. You don’t have to be very good at economics to look at world crop supplies, the age of the current farming equipment fleet, and other such data and conclude this next year will be tough for ag companies like Deere.
Of course the above is nothing new - ag is a cyclical business, you see the above ever 5-10 years. Previous to the current CEO the last layoffs of this type of position was the mid 1980s - several other CEOs saw the same signs the current one does and were able to manage it without layoffs.