Material spot prices are coming off a peak but despite federal investigation into manipulation of aluminum and copper, warehousing has continued to be a solution to investors in metal commodities. As falling metal commodity and scrap prices can indicate lower returns in the manufacturing sector, and given who we have coming into office, it can be anyone's guess as to whether manufacturing will pick up. I believe it will, though I also believe enhancements to legislation and regulation derived from the Berry Amendment will come into play as part of trade protectionism.
There has certainly been an over-run of typical consumed arms and ammo, as well as suppressors, in anticipation of a Hillary win, and it's very visible to see that a lot of small and medium sized companies are trying to liquidate because the bubble they predicted never happened. I saw some brand new 6920s going for 550 from a few vendors recently; that's screaming low. I've seen a lot of 100-300$ rebate plans and discounts on various things from various manufacturers and dealers as well.
Whatever the long term game is for ammo, my ammo distributors dropped their wholesale quantity prices on non-match munitions by a little but tangible bit immediately following the election results.