This Won’t End Well – Business Inventories Signal Recession(Depression) Imminent
by Tyler Durden
ZeroHedge.com
05/13/2016
Autos & parts inventories-to-sales ratios soared to 2.30x from 2.18x – levels that have only been higher during the financial crisis. This, combined with a rise in clothing inventories to sales, held overall business inventories at their highest to sales since the crisis and deep in pre-recessionary territory. Simply put, this won’t end well.
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