U.S. Recession Inbound - Leading Indicator?
168 sats \ 6 comments \ @TNStacker 17 Apr econ
From Charles V. Payne's show. If trucking revenue is falling off like this, just watch what follows!
J.B. Hunt revenue falls precipitously.
The company's total operating revenue for the quarter was $2.94 billion, compared to $3.23 billion for the first quarter of 2023, which is a 9% decrease. Operating income for the quarter dropped by 30% from $277.5 million in 2023 to $194.4 million for the current quarter.
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21 sats \ 0 replies \ @nym 17 Apr
I agree with your analysis.
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21 sats \ 4 replies \ @026180d3a3 17 Apr
Biden is still puttering around the presidential office. That's the main indicator.
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0 sats \ 3 replies \ @TNStacker OP 17 Apr
People put too much on the president, of any party. They are figureheads, man!
Go deeper!
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21 sats \ 2 replies \ @026180d3a3 17 Apr
When you have someone that wants to drive the country into a pile of shit who is in office, it isn't surprising when you wind up there. I've been so deep I've come out the other side of deep into the shallow.
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0 sats \ 1 reply \ @TNStacker OP 17 Apr
Hyperbole much?
When you have someone that wants to drive the country into a pile of shit who is office,
This is so obviously unserious. Or something much much worse.
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21 sats \ 0 replies \ @026180d3a3 17 Apr
It's much, much worse out of those two options. Biden was not elected, and neither was Johnson when Lincoln was assassinated. The world is on the brink of WWIII. None of these things are a coincidence. So yeah, worse.
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