In The News Today

Posted at 11:51 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

The latest from John Williams’ www.shadowstats.com

– January 2020 CASS Freight Index Dropped by 9.4% (-9.4%) Year-to-Year
– Current, Deepening Annual Declines in Freight Activity Increasingly Resemble the Onset of the Great Recession
– Deepening Annual Declines in Freight Activity Are Not Consistent With a Booming Economy
– They Also Do Not Support FOMC Claims of Sustainable Moderate Economic Growth in Place
– They Are Consistent With Fourth-Quarter Contractions Seen in Industrial Production and Real Retail Sales

“Flash Update No. 23”

www.shadowstats.com