Why consider the Dow transports when they point to a slowing economy? Because these 7 stocks are cheap

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

This group of 20 stocks includes four that are both expected to be profitable this year and grow earnings at a double-digit pace through 2024. And it also includes some bargain stocks:

The Dow Jones Transportation Average has long been considered a good forward indicator of the direction of the U.S. economy. With early signs that an economic slowdown is coming, this might be an obvious portion of the stock market to avoid.

The transportation warning First, here’s a chart showing total returns for the Dow Jones Transportation Average DJT, -0.31%, the Dow Jones Industrial Average DJIA, -0.11% and the S&P 500 SPX, -0.02% this year through April 14: Along with this year’s weak showing for the Dow Transports, consumer and wholesale price increases were at 40-year highs in March, and the Federal Reserve is expected to accelerate its interest-rate increases and begin reducing its bond holdings soon to counter inflation. Rising rates have given home builders the jitters, and it remains to be seen if the Fed’s moves will cause a recession or lead to a “soft landing” for the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not gonna lie, I'm mad at FEDEX for how they've been handlin my mail

Sectors are rolling over…not good for the overall markets.

Shipping that state weed bruh

Guys rate my nude photos)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines