The Dow Transportation Index was down almost 4 percent today and if there is any silver lining in the current market turmoil is that Trannies usually lead crude down, which will drop gas prices. The chart below shows the 12.2 percent swan…
U.S. exports of sea containers are up 13% YoY. Imports too are up 13% YoY. This is indicating a growing trade balance deficit, since exports exceed imports.