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Baby formula inventory

Summary:
This stuff is pretty expensive…  as the QT proceeds and C&I inventory finance can return to more normal levels, expect this inventory shortage (and others) to be corrected and the unit prices can be reduced…The slow start to the QT is extending the period of these and other commercial inventory shortages…The Biden administration claimed they were “working around the clock” to fix America’s critical baby formula shortage after waiting MONTHS to address it.Now, 30% of our nation’s baby formula is STILL out of stock. pic.twitter.com/HPwSHqsiwp— House Republicans (@HouseGOP) August 2, 2022

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This stuff is pretty expensive…  as the QT proceeds and C&I inventory finance can return to more normal levels, expect this inventory shortage (and others) to be corrected and the unit prices can be reduced…

The slow start to the QT is extending the period of these and other commercial inventory shortages…




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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