Woolfsmck 2,763 Posted June 19, 2019 Share Posted June 19, 2019 https://www.msn.com/en-us/money/companies/truckers-sound-the-alarm-as-shipping-companies-hit-the-skids/ar-AAD4tQq?ocid=spartandhp Yep... for me too... The Trade issues with China are weighing heavily here , since retail is a big part of the spot market... I have a pretty diverse customer base tho and enough background that I will be fine even if there is a crash.. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,861 Posted June 19, 2019 Share Posted June 19, 2019 A lot of things have been signaling recessions for some time not just trucking - inverted yield curve - slow housing market - slowing car sales - CEO falling optimism and reduced hiring and investment intentions Hate to say it but a recession in the next 1-2 years is extremely likely Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted June 19, 2019 Author Share Posted June 19, 2019 2 hours ago, Economy said: A lot of things have been signaling recessions for some time not just trucking - inverted yield curve - slow housing market - slowing car sales - CEO falling optimism and reduced hiring and investment intentions Hate to say it but a recession in the next 1-2 years is extremely likely Some things could alter the current cycle tho... A renewed Trade agreement with China would inject a lot to retail and somewhat manufacturing ... Iran and sanctions hurt the EU, which does some trade with the US so an easing or improved relations there would also help. Oddly, a new Perez other than Trump could go either way... Sanders would cause the investment sector to pull back, which would lower most other parts of the e economy, like real estate, but help what ever area he sets up with his taxem plan...like infrastructure. Healthcare for all is disaster in the wings and will most certainly crash a lot of every sector. like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
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