BLOOMBERG Market Makers May 8, 2015
Friday. You are watching Market Makers. Olivia i am Olivia Sterns in for Stephanie Ruhle. Erik we have some breaking economic news. Mike mckee is in the newsroom. Mike wholesale inventories up 1 10 of 1 . The forecast was for a 3 10 gain and this is why it matters. The Commerce Department assumed a big gain and inventories when it calculated gdp. This suggests we did not get it. The ford strike represented a lot of delayed imports coming in and they should come in wholesale inventories. They are not, and that may mean gdp in the First Quarter was even lower than we thought. The good news, they...