Beyond the signal for the financial markets, my impression is that this divergence suggests a continuing inventory buildup in the real economy (output being produced but not moving to distribution). (hussmanfunds.com)
Buyer traffic will be up, they believe, while seller traffic will be down, which would help ease inventory buildup. (realtormag.realtor.org)
Upping the doomsday rhetoric, Roubini (right) tweeted, «Q3 growth could be well below 1 % given June sales report and unintended inventory buildup. (thinkadvisor.com)