Prolonged low rates = time to short trucking stocks?
Discussion in 'Ask An Owner Operator' started by double yellow, Apr 27, 2015.
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Congrats
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I'd stay out of the share market at least till this volatility clears most markets run on a 7 year cycle so we are due for some downside movement after all markets have broken previous held record highs we could see up to 25 % correction .
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Dow is lower than 16,000(almost). Should we worry? QE4????? can it be eased anymore??? LOL should I just max out all my credit cards????? Does the DOW have much to do with our freight rates??
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I'll just put this here...
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Interesting, guess it's time for that graph to drop again.
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What's interesting is the BLS (their data is usually pretty good) has the current number (2014) closer to 1.6m.
Wonder how your check stacks up to others?
http://www.bls.gov/oes/current/oes533032.htm
That's for general freight.
TA
Ps and here is the chart back to 1990
http://www.bls.gov/opub/ils/images/truck_chart1.pngLast edited: Oct 2, 2015
Reason for edit: Added psdouble yellow Thanks this. -
Yep, it's on its way down. If you blew that graph up it would show the same up and down trend for the last 30 years.
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http://www.bls.gov/news.release/empsit.t17.htm
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