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US business inventories increase solidly in JulyU.S. business inventories rose solidly in July, boosted by a larger than initially estimated increase in the stock of motor vehicles. I’m a little confused by this because of logistical and supply chain disruptions caused by tariffs. Large inventories will tend to cap prices. Tell the overeager FED to stand down. “GDP is equal to Consumption + Investment + Government Spending + Net Exports (Exports minus Imports), where total Investment is equal to Fixed Investment plus the Change in Inventories... 1/2
Source: CNBC - 🏆 12. / 72 Read more »
Europe stocks poised for best week since July, lifted by global rallyEurope stocks are poised for the best week since the summer with another positive session on Friday as financials and major oil companies do the heavy lifting.
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow set for best week since July as stocks push deeper into record territoryU.S. stocks rose in early trading on Friday, with Wall Street extending its recent uptrend and pushing further into record territory.
Source: MarketWatch - 🏆 3. / 97 Read more »