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The Last Two Times Business Inventories Were This High Relative To Sales, The US Was In A Recession
Business Inventories jumped 0.3% MoM in September (notably more than the 0.0% change expected) and the highest since June led by a surge in Retailers restocking (+0.8% despite sales being unchanged). Retailers Sales are up 1.7% YoY but Retailers' Inventories are up 5.1% YoY.
With Sales unchanged (manufacturers -0.4%), the inventories-to-sales ratio surged to 1.38x - the highest since the financial crisis.
Like retail sales, the last 2 times inventories were this high relative to sales, The US was in recession.
Charts: Bloomberg
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Whew, we've exited the depression and been upgraded to a recession. That's a relief.
With two "last time it was this bad we were in a recession" stories up at the same time are the Tylers trying to tell me something?
I know for sure it can't be that we're going into another recession. Not a damned one of us here will live long enough to see the next officially declared recession.
It's all good
When a chart is going from left to right upwards ..................it's all good...............oh wait
Yeah, what is up with that? IMHO, a *recession* would be a step up from where we have been...
This is how would war between Russia and America look like..
http://motivationdose.com/alive-after-the-fall/
Bye, Bye NASDAQ 5000, it's been nice knowing you.
Ha ha ha ha ha ha with all the downgrades and major, major retailers showing dismal numbers they come out with this ha ha ha ha just proves once again the Government numbers are phony.
What a joke!
Raise the fucking FED rate already! I'm tired of waiting for this shit house to collapse: DOOOOOOOOOO IT!!!!
No shit...I want to try out this new .308
I'm doing my part to ensure that inventories remain high. A big fuck you to the corrupt, fascist government, The Fed, and big corporations.
Sounds like inventory is highest since Lehman.
This requires government intervention, we need laws/regulations that make consumers purchase these goods pronto
Stopped by Patten Cat yesterday in Elmhurst Illinois to pick up some parts couldn't help but notice at least 50 brand new wheel loaders almost spilling out of the fenced in lot into the street. I've never seen there are lot so packed new machinery.
We're still in the recession.
243 Win Mag
Some CNBS idiot was blathering about "strong car sales", yesterday.
Every salesman I know, amd they're in two states, says sales are down double digits from a year ago.
Bailout in 3...2...1...
I could have never imagined why use mail forwarding address cloud provide a new identification for my home based business, unless I had used it personally.