Wholesale Inventory Ratio, Sales Stabilize At Recessionary Levels

Despite continued slowing in the pace of inventory builds in the past few months, the ratio of inventory-to-sales remains mired in a recessionary quagmire; but today's data showed some hope - which stocks hated. Inventory-to-Sales dropped from 1.30 to 1.29 (still recessionary) as Wholesale Inventories rose 0.4% (againmst +0.2% expectations) and Wholesale Sales rose a notable 1.6% (against expectations of a 0.6% rise). YoY Wholesales Sales remain in negative territory however and confirm the recessionary warning that the ratio is sending.

Inventories rose...

But sales surged...

Leaving Wholesale Inventory-to-Sales modestly iomproving but remaining mired in recessionary environment....

Charts: Bloomberg

Comments

[firstdivision]

"Grey skies are going to clear up, so put on a happy face" - Yellen

http://bloomberg.econoday.com/byshoweventfull.asp?fid=467436&cust=bloomberg-us&year=2015&lid=0&prev=/byweek.asp#top

[TheFourthStooge-ing]

OT: Kiev oil depot explosion, fire out of control:

http://rt.com/news/265924-oil-depot-blaze-ukraine/

http://rt.com/news/265948-ukraine-oil-blaze-ecology/

[sudzee]

Treasury auction today. Could be interesting.

[ebworthen]

Must be all those graduates with student debt buying a new car and some suntan lotion.

[Serfs Up]

I guess that's a buy signal for ""somebody"" who loves to monkey with these ""markets""

Eff you Yellen, and your entire tribe of bankster thieves.

[oklaboy]

can we just crash this thing and get it over with.

[KnuckleDragger-X]

We haven't suffered enough yet, but don't worry, with all the new debt from stock buybacks, things are going to be just peachy in corporate America.....