- Prior was +0.4%
- Retail inventories ex-autos +0.4% vs +0.3%
Inventory building was a decent part of the jump in Q3 GDP. That will reverse in the coming quarters, but how much depends on how strong consumers are and how much businesses want to invest.
Inventory building was a decent part of the jump in Q3 GDP. That will reverse in the coming quarters, but how much depends on how strong consumers are and how much businesses want to invest.
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TotalEnergies exits US offshore wind for $928M, pivoting to fossil fuels. High costs cited.
Corn futures see mixed action, with May contracts up 0.25, while July and Sep fall. Soybeans gain.
USD gains vs. EUR (+0.28%), JPY (+0.24%), and GBP (+0.46%). Traders watch forex shifts.
Crude oil prices jump over $4/bbl as May contract hits $92.44. Today's volume is significantly lower than Monday's.
COP & EOG offer >2.5% yields. COP eyes 2x FCF growth by '29 vs EOG's mid-single digits.
National rents up 0.1%, but Sun Belt declines offset Midwest gains. Inflation relief vs. oil price risk.
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