The Dow Jones Transports are leading the decline, now down 20 percent into official bear market territory. The next stop is the December 2018 low, which is 5 percent below current levels. If we take that out the January 2016 low is a realistic target. That would be a 44 percent decline from the high!
Related stocks: Delta Air Lines (DAL), United Parcel Service (UPS), Union Pacific Corporation (UNP), American Airlines
Mar 5, 2020
How A Recession Really Happens
What happens when declining revenue results in over-leveraged businesses being unable to make the interest payments on their debts?
What happens when over-extended workers living paycheck-to-paycheck get laid off and can’t make their mortgage, car loan, or credit card payments?
What happens when over-extended workers living paycheck-to-paycheck get laid off and can’t make their mortgage, car loan, or credit card payments?
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