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?
The Fed Can’t Stimulate The Economy During Downturns
The Federal Reserve should not even have the mission of stimulating the economy during downturns, as it can’t actually do it. All the Federal Reserve can do is exacerbate the problems that recessions attempt to solve. The Fed only succeeds in delaying the day of reckoning by making the problems bigger.
Subscribe to:
Posts (Atom)