Mostly: Classical

[jrhana]

<The Dow Transportation Index looks pretty good>



Actually very interesting

to me this argues strongly against an imminent drastic collapse of the stock market

It also is a predictor perhaps of strengthening in the economy

I understand this goes against standard dogma that we are about to enter a deflationary depression/winter and that the stock market will crash in a matter of days.

I personally do not and never have bought the doomsday scenario.