VodkaPundit

Sign "O" the Times

20141112_who_0

Tyler Durden explains:

Wholesales Inventories and Sales beat expectations (+0.3% and +0.2% respectively) but, thanks to significant downward revisions in August, hope for a Q3 GDP boost are dashed. Sales growth remains near 2014 lows and inventory growth hovers near 14 month lows. Inventories-to-Sales ratios were flat in September at 1.19 months. Petroleum inventories plunged 5.3% MoM and down 13.2% YoY – the largest since Jul 2009.

Let’s hope the election results restore some confidence before this whole mess unravels.