Recession(Depression) Imminent As Business Inventories-To-Sales At Cycle Highs
by Tyler Durden
ZeroHedge.com
01/15/2016
Just as Wholesale inventories-to-sales ratios flash recessionary signals so Business inventrories-to-sales point to US heading towards an inventory-dump recession. At 1.38x, the ratio is the highest since the last crisis as both sales and inventories fell Mom but year-over-year, sales tumble (-1.4% YoY) and inventories rise (1.6% YoY).
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