Report

At Last, Inventory Correction Complete; Stocks Neutral Ahead

posted by Michael Lewis on July 21, 2016

Found in US, categorized in Macro

Tags: michael lewis FMI Real Inventory Contribution & Consumption

Report Cover

Headline

Real GDP likely posted a reasonable +2.3% gain in 16Q2. The rebound was even more apparent in final sales, which grew a solid +3% in 16Q2.

Abstract

Following another dreary winter, the economy has sprung forward. After averaging just +1.25% annualized growth in 15Q4-16Q1, real GDP likely posted a reasonable +2.3% gain in 16Q2. The rebound was even more apparent in final sales, which grew a solid +3% in 16Q2 after managing just +1.5% in the prior two quarters.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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