Sell These 2 Trucking Stocks Because a Recession Is Coming, Analyst Says

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Sell these two trucking stocks because a recession is coming, analyst says

Transportation and logistics are the life blood of the economy, moving goods over the nation’s road, rails, and waterways in the economic equivalent of arteries.

That’s one reason investors pay close attention to the sector, believing it is a leading indicator for the economy. On Tuesday, Loop Capital Markets analyst Jeff Kauffman cut his ratings on four logistics companies because of weak demand for road and rail services.

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 SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Strong June jobs report sends stocks lower—5 experts explain what comes nextThe market was down Friday in spite of a strong jobs number. Five experts explain why, and what they're watching now.
Source: CNBC - 🏆 12. / 72 Read more »