Consumer Sentiment up but stuck at historically low levels: Full size image The chart shows how, over time, technology allows inventories to be lower than otherwise. The latest ‘counter trend’ drift to somewhat higher inventories have been ‘inflating’ GDP- adding over 1.5% to GDP in Q2- and could indicate inventories are getting excessive:
Consumer Sentiment up but stuck at historically low levels:
Full size image
The chart shows how, over time, technology allows inventories to be lower than otherwise. The latest ‘counter trend’ drift to somewhat higher inventories have been ‘inflating’ GDP- adding over 1.5% to GDP in Q2- and could indicate inventories are getting excessive:
