DPSGY - Transports Weekly Snapshot - That Was Quick Transports Take Control
Source: Google Images
For the second week of 2018 on January 12th, transports saw significant improvement propelling them beyond broader indices. As the economy has witnessed improvement over the past couple of quarters and through 2017, I continue to expect transports to perform in-line or better than broader indices.
After the first week, I didn’t expect the second week to jump as it did. Retail sales and consumer price index ((CPI)) results came in solid as expected. The fourth quarter is shaping up to be much stronger than was the case in 2016,