Consecutive stories on my FB feed.
First is that the amount of money in money markets is at an ALL TIME HIGH. That's of course because nobody trusts Trump not to crash the markets again so they're going for 4% interest.
Second is that a large survey found 1 in 8 companies saying their biggest concern now is excess inventory. 40% of the companies said they have too much inventory, and 1 in 8 said it was their single biggest concern going forward. Over 80 percent of them said the primary reason for the excess inventory is... tariffs. They all stocked up in advance to beat the tariffs, then had to do it again during the pause, and now they have way too much inventory as consumer spending is falling.
The irony is, if this continues we'll end up with companies having to lower prices to get rid of excess inventory so the inflation will ultimately lead to deflation but not the good kind the kind that signals recession