The above chart (Source: BofA) shows that rail carloads have dropped to critical levels. These levels have preceded, or were accompanied by, an economic slowdown or a recession.
The economic weakness is the main reason for the precipitous decline in commodities. These are worrisome developments for the outlook of profits.
These data are updated regularly for our subscribers. They tell them what to do and how to approach the stock market.
You will encourage me to update this blog with my assessment of what is happening to the economy and financial markets by entering a subscription to The Peter Dag Portfolio.
Thank for visiting this site.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
Disclaimer. The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
Subscribe now and learn "EASY WAYS TO BEAT THE MARKET WITH ETFs". Several portfolios back-tested from 2000 are shown in the subscribers' area on our website (www.peterdag.com) when you subscribe. Total returns, annualized returns, maximum losses during the period, and number of transactions are shown for each portfolio. The rules are easy to follow and you will find them in the appendix of each issue of The Peter Dag Portfolio. These portfolios are provided as a service to our subscribers.
No comments:
Post a Comment