February 6, 2014
This was not exactly positive news. Couple that with the recent stock market pull-back and it has to have you on the edge of your economic seats. Dr. Joe Webb, well know in the printing industry, is a very keen economics expert. Since printing is also commonly seen as an indicator for the larger economy, Dr. Joe pays a lot of attention to indicators to see where the economy and thus commercial print shipments, may be heading. The economic indicators are not good…
There has been a major change in the recovery indicators. Two of the six indicators are below levels at the start of the recession in December 2007, and five of the six retreated from the last report.
For any investor, businessman or individuals worried about the economy, I say follow Dr. Joe Webb. He breaks down the financial facts, generally before others in mainstream media get the word out.
The BDI (Baltic Dry shipping index) has been up recently (heading down a bit the last week or so again), but that is also misleading. It had to do with excessive Chinese purchases of cooper and other medals; and getting them shipped into China from around the world. The Dow Jones U.S. Railroads Index is at 3-year + highs, but the last weeks sees it coming off of them. Lastly, the VIX or fear index is coming off of it’s lows and showing more Volatility.
Those are lagging indicators. What Dr. Joe Webb’s economic report is warning us about are the true indicators. The warning shots over the economic bow. Stay alert.
Economic recovery indicators retreat.
This article was posted: Thursday, February 6, 2014 at 1:16 pm