Transportation index (DJT) is usually considered a good indicator of the US economy. An old say goes – “manufacturing makes, transportation takes”. Transportation is considered a leading indicator and usually slows down first before we notice in any major indexes or economic reports. Some investors use DJT for economic forecasting. There is Continue reading →
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Posts Tagged With 'gdp'
Atlanta FED voted for rate hike but lowered GDP forecast again!
Data (in)dependent Janet Yellen and her FED cronies decided to raise rates to show us their good faith in the US economy. By raising the rates FED was “signaling their faith” pointing to “improvement of the labor market” but completely ignoring all economic data indicating that the US economy is in reality slowing down and Continue reading →
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