Hope came unglued all over again.
“Consumers just don’t seem to be showing up….”
The goods-based economy swoons.
Slack demand and sudden overcapacity.
“A drawdown much like the one we saw in 2009 and 2010.”
This comes at the totally wrong time.
Real Economy not doing very well, apparently.
I was forewarned. A trucker told me in April. Now the industry numbers came out.