Prologis – crystal ball polished
In the land of opportunity
Another good article from the WSJ. US business are not expected to restock inventories significantly for the rest of this year, as uncertain demand and a reaction to overstocking takes effect. Inventories will remain in line with GDP growth, according to an AT Kearney report. The rising cost of capital – and so the cost of holding inventory – has also dampened investment, notes the article.