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US Recession Call Trickier Than Ever
Bloomberg Businessweek
Is the Supply Chain Back to Normal?
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Companies built up inventories because they didn't want to be caught off guard and without goods that consumers wanted as a result they didn't need to ship in new. We are getting to pre-pandemic in many metrics but keep in mind when you look at the economy the inflationary rate for you for December we're now at a 6.5 percent given the peak of what we were experiencing in the summer6.5 percent of what no seven seven I'm sorry 7.1 percent year to year in terms of the inflationary rates.
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