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Submitted by Anonymous on Fri, 07/17/2009 - 15:45
  • Current Events

Associated Press reported May 9, 2009 that businesses slashed inventories more than expected in May. This marked the 9th straight decline. This is a healthy process and a good sign that businesses are managing their inventories efficiently. It will eventually benefit the recovery process because at some point in time, businesses will need to replenish those goods.

‹ Bear trap or short term correction Schwab: Lower Returns Ahead-Barron's 7/13/09 ›
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