[Tell It Right]

The Dow Jones Transports Index is at 15,498.11, down from 18,246.51 on Oct 31, 2021. That's often a predictor of future market activity.

[Freest Republican]

This is not exactly daddy’s DJTI.

Uber is the largest component.

The nation was shut down for a while as folks received endless packages at home.

I started looking them up to see who led the sell off.

I stopped at UPS which is down 30% or something-

Fuel prices and transport regulations have soared under Biden.

Equity markets are setting records while this index was lower.

The economy in the SE is booming, the economy in some of the SW is booming. NY and CA are around par.

I’m not a buyer in it being the canary in the coalmine this time.