#18 What's next for auto lending, When will car prices drop, How the FED really works, Receiving a call from Warren Buffett | Danielle DiMartino Booth, CEO & Chief Strategist of QI Research
Car Dealership Guy Podcast
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The Impact of De-Stocking on Consumption
Companies are taking inventory levels below where they need to continue running the same levels of production. De-stocking is not a word I ever had to use, but it's happening across the industrial sector. You're hearing the same word de-stocking whether you're talking about any of the regional Federal Reserve manufacturing surveys. Even services firms say, we don't have enough demand to justify having all these lawyers on staff.
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