Hard hitting global and local news
Massive Collapse in Trucking Shipments Every Month Since June A chart of the DAT freight index posted on CCJ Indicators shows a huge, ongoing collapse in trucking shipments. " Spot freight falls 15 percent: The amount of freight available on the spot market fell 15 percent in November from October, DAT reported last week.
Link: Philly Fed Back in Contraction, Index Below Any Economist’s Guess
KELLY: But you built an airport in Mexico, right? ZELL: No, we built a border crossing. KELLY: Border crossing, yes, sorry.
Paradigm Change: Saxo Bank’s Ten Outrageous Predictions for 2016: Slide Show Every year, Saxo Bank CIO and chief economist Steen Jakobsen comes up with a selection of " outrageous " predictions for the new year. Note: This is not the official Saxo forecast, but I do believe many of the ideas below are in-line with their general direction on things. The predictions are not all that outrageous
Read More: Empire State Manufacturing Contracts Fifth Month, Employment and Workweek Worst Since 2009
Read the article: Fed Openly Discusses "Permanently High Balance Sheet"; Lie Finally Admitted
More: Stocks More Overvalued Now Than 2000 and 2007 No Matter How You Look at Things
More: Retail Sales Soft Again (Unless You Exclude Everything Weak); How to Uncover the Hidden Consumer Strength!
1.078 This was the worst October for shipments since 2011 and the worst September since 2010. In addition, Every month this year except January and February were worse than the same month a year ago