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Tuesday, February 11, 2014

Dow Transport Index is not coming to the party yet


Below: Here we have the Dow Jones Transport Index which is a good indicator of the economic activity in the U.S. and it is not looking all that fantastic this year. I don't know if it will lift from here but it is not participating in the current rally so that is a bit concerning to say the least. I will post about this one if there is any major developments. Everywhere you look there are no real signs of recovery. The fake recovery has been going so long that the actual normal economic cycle is coming due for a recession if all was the way it should be. Trying to hold back the tide is wishful thinking to say the least.



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