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re: So how are we all feeling about GDP numbers tomorrow? Can we keep it growing over 2% ?

Posted on 10/29/19 at 4:30 pm to
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 10/29/19 at 4:30 pm to
quote:

Inventory is included in investment

yeah that'd be one of the subcomponent the guy was worried about being bad enough to pull everything down

i think we can agree that mid-low 1's would be not-good
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 10/29/19 at 5:23 pm to
Can you link what he was saying? Because it doesn’t matter if they have low inventory because presumably they sold the product which counts towards C or they have a lot on hand which counts positively towards I.
Posted by Azkiger
Member since Nov 2016
26910 posts
Posted on 10/29/19 at 5:40 pm to
Any reason this thread isn't in the financial board?
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12447 posts
Posted on 10/29/19 at 5:53 pm to
I'm thinking it will be under 2%.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 10/29/19 at 5:56 pm to
quote:

it doesn’t matter if they have low inventory because presumably they sold the product

i dont know why you would assume this, especially if you take a look at trends in manufacturer's orders, or shipments

it could easily just be that businesses simply didn't buy as much to resell as they did in prior quarters

I'm not really sold on the inventories thing for q3, and even if it turns out to be correct this quarter it'd probably be mostly transitory, given that personal consumption has been so steady

OTOH, come to think of it, i think i may recall inventories contributing a surprising amount on the upside in the early months of the year. if that's right, and we're due to mean-revert a bit there, that expected drop in inventories might make a bit more sense than i initially thought. would need to look that up.
Posted by tigersbb
Member since Oct 2012
12061 posts
Posted on 10/29/19 at 6:01 pm to
quote:

Any reason this thread isn't in the financial board?


What damn difference does it make to some o fyou as to what board a opic is on? Not everybody has time to read all boards. This is aprominent one that more people will see. I like reading about things I don't know and I would not have seen this on anothe rboard.

The things some of you obsess over is mind numbing.z
Posted by AUbused
Member since Dec 2013
7827 posts
Posted on 10/29/19 at 6:18 pm to
But Trump assured me we were going back to 4 or 5 percent as did all his cultists!!!!

MUH THREE PERCENT!!
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