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Crude flips again just as retailers warn and business sales drop.

Eurodollar University

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The Importance of Inventory in the Economy

Total business sales were down 0.2% year over year in March. Nominal revenue throughout the goods part of the economy to which a lot of services depend upon was down 0. 2%. Inventories are up 6.5%. In real terms, they're up 1.5%. You can see why the entire system is grinding to a halt because there's such a huge imbalance between sales and inventory.

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