Wednesday, February 15, 2012
(via Ceridian Fuel Index Down 1.7% from December, Down 2.2% from Year Ago; Delay in Trucking Activity or Global Trade Slowdown?) - - - - - - - - - - - - - - - - - -  Here’s a manufacturing leading indicator that isn’t confirming recent euphoria in sentiment indexes like the Empire manufacturing report.  Someone’s wrong and we’ll find out in the immediate months ahead if we’re indeed seeing a “trucking delay.” The confusion among economic indicators is reaching a fever pitch.   Note also that the DJ Transportation average is not confirming new highs in the Dow.  The Dow Theory is flagging potential trouble.  It’s imperative for this average to participate with the Dow and make a new high.    

(via Ceridian Fuel Index Down 1.7% from December, Down 2.2% from Year Ago; Delay in Trucking Activity or Global Trade Slowdown?)

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Here’s a manufacturing leading indicator that isn’t confirming recent euphoria in sentiment indexes like the Empire manufacturing report.  Someone’s wrong and we’ll find out in the immediate months ahead if we’re indeed seeing a “trucking delay.” The confusion among economic indicators is reaching a fever pitch.  

Note also that the DJ Transportation average is not confirming new highs in the Dow.  The Dow Theory is flagging potential trouble.  It’s imperative for this average to participate with the Dow and make a new high.    

Posted at 9:09 AM 1 note

Notes

  1. rationalcapitalistspeculator posted this