Some will ask "Whaddya mean, ANOTHER one?" Regardless,
...One of my favorite indicators, mentioned here back in March, is the FedEx indicator, and it is flashing bright yellow right now. The package shipping business is a highly sensitive indicator of aggregate decisions across the economy. Yesterday the Wall Street Journal updated the FedEx indicator with the headline: “FedEx Signals Economic Woe.”...
Not real surprising for anyone who's paying attention to retail sales numbers. Kohl's same-store numbers are limpid and in a wrong-way trend.
It's Bush's fault, of course.
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