5/17/16

More signs of a weak economy



Freight shipments by truck and rail in the US fell 4.9% in April from the beaten-down levels of April 2015, according to the Cass Transportation Index, released on Friday. It was the worst April since 2010, which followed the worst March since 2010. In fact, shipment volume over the four months this year was the worst since 2010.

It is no surprise the transportation ETF (IYT) keeps sinking - down 18% since 2014.

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George Dagnino, PhD
Since 1977 
Author, Profiting in Bull and Bear Markets

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.


My ideas and strategies are discussed in detail in my new book "EASY WAYS TO BEAT THE MARKET WITH ETFs" .


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