Second quarter again

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Dave's BLS Daily reported:

> Business inventories rose sharply in May, driven by retailers
> boosting their stockpiles at the strongest pace in 5 years.

and

> A rising number of companies are planning major layoffs . . .

Meanwhile, back at the ranch,

   The Commerce Department said the U.S. trade deficit rose to a record
   $31.04 billion in May, with exports and imports unexpectedly declining
   and the trade gap with North American trading partners Canada and
   Mexico reaching a new high.

Dum da-dum dum, dum da-dum dum dum.


Temps Walker
Sandwichman and Deconsultant