by New Deal democrat
The Transportation Slowdown
Properly over 100 years in the past, Charles Dow (he of the Dow Jones Industrial Common) posited a idea that industrial and transportation inventory costs ought to transfer in tandem. Why? As a result of every part that factories produced needed to be transported to marketplace for supply.
So it’s of curiosity that FedEx stated yesterday that its enterprise has been slowing down. And an essential trucking transportation metric softened in November, as reported final week.
However readers of my “Weekly Indicators” columns bought a heads up over two months in the past.
I clarify why in a put up over at Searching for Alpha.