Unequivocally Good? Canadian Wholesale Trade Sales Crash By Most Since Jan 2009

No US data today but we thought this worth sharing from 'up north'. As BoC comes to grips with non-economic tar sands, Canada's Wholesale Trade Sales collapsed 3.1% MoM in January - the biggest drop since January 2009 (and second biggest in a decade).  Low oil prices are unequivocally good though remember...

 

 

Charts:Bloomberg