Another Recession Indicator Just Tripped The Alarm
The Dow Jones Transportation Average just fell into bear market territory.
According to some analysts, that’s a warning sign that the U.S. economy is in danger of slipping into a recession.
The Dow Jones transportation average is down more than 20 percent from its high in November, the official marker for a “bear market.”
Dow Transports, however, tend to predict more recessions than actually occur. The Dow Transports fell into bear market territory in 2016, 2018, and 2020. – READ MORE
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