DAL - Transports Show No Recession Threat
The major segments of the U.S. transportation industry are categorically showing strength. The evidence is clear from the testimony of the leading transportation stocks that recession risk has been fully discounted. In today’s report, we’ll examine the remarkable resurgence of the transports, which I interpret as a signal of better things to come for the economy.
Transport companies – whether they deliver by rail, highway, or air – are among the most important measurements of the economy’s strength. Transportation stocks discount new information pertaining to the delivery of goods and services, so they can therefore