Inventory Surge Signals Good Start For Q3 GDP

After a solid Q2, GDP ‘guesses’ for Q3 are likely set to jump on the back of a huge beat in wholesale inventories (+0.7% MoM vs +0.2% exp).

Additionally retail inventories popped 0.4% MoM

Inventory-to-Sales ratio remains flat on the month at 1.25x…





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Author: Tyler Durden

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