Eurodollar University cover image

More alarming reports of business going dark all over the economy.

Eurodollar University

00:00

The Impact of the Second Half Rebound on Manufacturing

Inventories have stopped increasing, but they haven't yet really started to decrease in any meaningful way. And what the numbers were getting from inventory, inventory statistics as well as these PMIs, they suggest that the inventory cycle is going to kick into the next gear. So when we look around the economic data that's coming in for the month of June, we're seeing that acceleration to the downside. That suggests we're getting closer and closer to that moment that we've been waiting for all of these many months.

Play episode from 05:03
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app