Re: Dow Transports
Originally Posted by
Bullitt
Dow Transports holding up incredibly well during what could very well be a recession that we're in. We're actually above levels seen in the summer months of 2021 right now.
What the Transports are saying is that we never were in a Recession, or if we were, it was just a very mild, very short one for just the first 6 months of this year, and that we're now strongly coming out of it...hence the Atlanta Fed predicting +2.5% GDP for this coming 3rd Qtr (Jul-Aug-Sep).
https://www.atlantafed.org/cqer/research/gdpnow
CURRENTLY 30% C, 20% S and 50% G (as of COB 04/11/2024) 1st April IFT
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