TSX:AX.PR.E - Post by User
Comment by
Torontojayon Aug 01, 2024 8:35pm
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Post# 36159644
RE:I LEGITIMATELY NEVER RECALL A MONTH
RE:I LEGITIMATELY NEVER RECALL A MONTH I'll explain what happened.
Gdp first quarter came in soft at under 2%. Gdp
second quarter came in higher than Q1 but increased
inventory was partly to blame even if the inventory is unsold it adds to gdp. They aren't likely to get a boost from new inventory in Q3 because the economy has to absorb it first. They may get some help from fiscal spending which I suspect will happen until election time. There is still pandemic money floating around to keep the fiscal spending alive.