Published at: www.minyanville.com
Transports Telling Different Story Than 3.6% GDP Blip!
November 2, 2009
Some stock technicians who compare numbers from the past to today are throwing more red flags regarding the recent quarters’ very positive numbers because the transports are not showing it. Transports are a good leading indicator in real time when real tonnage grows or shrinks. Shipper planning leads that of course led by true economic activity. History tells us a number of things.