....and the transportation stocks keep sinking

Is anyone noticing the sharp decline of the transportation stocks (click on graph to enlarge)? I do not think their trend is a harbinger of good things to come.

Transportation stocks are very sensitive to economic growth. These companies carry goods to the marketplace. The fact that these stocks are sagging shows the economy is in deep trouble.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

George Dagnino, PhD