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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
View post: Knowing the Unknowable; Reflections on the Fed Hike
Read More: Empire State Manufacturing Contracts Fifth Month, Employment and Workweek Worst Since 2009
Housing wire presents an interesting timeline of Ally’s actions in Ally Financial Getting Back Into Mortgage Business . GMAC’s ResCap was once of the nation’s top subprime lenders, but eventually GMAC and ResCap began dragging down Ally’s business, with ResCap eventually falling into bankruptcy.
More: Stocks More Overvalued Now Than 2000 and 2007 No Matter How You Look at Things
Federal Spending Per Full Time Workers and Related Charts Posted by Michael Shedlock at 2:57 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy