Warning: The probability of a recession is at its highest level since the early 1980s pic.twitter.com/1XmuWtjmdW
— Bravos Research (@bravosresearch) July 12, 2023
Business inventories are a leading indicator of inflation
A continued decline in inventories indicates lower inflation
However, sharp drops have coincided with a recession since 1995 pic.twitter.com/IGHSrhJoF8
— Bravos Research (@bravosresearch) July 12, 2023