Comment / Restocking ahead of a mighty market crash?

ID 43062595 © Jason Salmon | Dreamstime.com

This earnings season, you carefully listen to the conference calls between management teams and the sell-side analysts, across various verticals, and the restocking theme is certainly on the agenda but it is not as pressing as it was, say, only three or six months ago.

Everybody indeed is hopeful that it’s going to get better, a lot better, as big US importers replenish their stocks of goods.

Then, knowing that the bullish narrative and anecdotal evidence point to very different takes, you ...