Why the Transport Sector Will Be in a Long Bear Market
By Tony Sagami
Transport stocks still have a long way to fall. If you haven’t offered your positions in the transport sector currently, it’s not too late to offer any trucking, shipping, or railroad stocks you might have. You might even desirewish to benefitmake money from their kept fall through shorting, put choices, or inverse ETFs.
This chart of the Dow Jones Transport Average validates my negative outlook on all things transportation and shows why we’ve been so successful wagering versus the “movers” of the US economy.
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What’s the problem?
“Weak industry demand,” according to FedEx.
Federal Express, which is the single largest weighting of the Dow Jones Transportation Average at 11.6 %, provided a trifecta of anguish: missed on revenues, missed on incomes, decreased 2016 guidance.
I’m not discussing a little miss either. FedEx reported profits of $2.26 per share, well below the $2.46 Wall Street was anticipating.
Both Federal Express and United Parcel Service are great barometers of general consumer spending/confidence, so that need to tell you something about the (weakening) state of the United States economy.
But that’s just one clue. There are ample other signs that explain why transport stocks are doing this poorly.
Sign # 1: China Freight Rates Plunge
The China Containerized Freight Index (CCFI) tracks the rates for shipping containers from Chinese ports to major ports around the globe.
The CCFI dropped to 820.9 last week– 22 % below where it was in February and 18 % below where it remained in 1998 when the index was developed.
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Rates to the United States have actually dropped the many. Rates from Shanghai to US West Coast ports are down 33 %, and rates to East Coast ports are down 41 %.
Sign # 2: Air Cargo Volume Shrinks
Container ships are simply one transportation option. What about trucks, rails, and airplanes?
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According to the International Air Transportation Association (IATA), worldwide air freight was down 0.7 % in July from a year earlier.
The disappointing July freight efficiency is symptomatic of a broader stagnation in financial development, IATA Director General Tony Tyler said.
Sign # 3: Asian Air Freight Is Even Worse
The Association of Asia Pacific Airlines (AAPA) echoed that stagnation by reporting a year-over-year drop of 1.8 % in international air freightair freight across the area in July.
“Air freight need began the year quite strongly however has lost energy as an outcome of a slowdown in international trade and weak demand for Asian exports,” stated Andrew Herdman of AAPA.
Indication # 4: Less Freight, Less Need for Airplanes
Nippon Freight Airlines, Japans most significant freight carrier, canceled a $1.5 billion order for 4 747-8F freighters from Boeing. Not traveler planes– freight airplanes.
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Indication # 5: Don’tRemember About Truckers
The Cass Freight Index tracks North American trucking volume, and as you can see, the trucking business is certainly slowing down.
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The variety of freight shipments fell 1.2 % in August on the heels of another 1.2 % percent drop in July.
The August decline is a diversion from the regular pattern seen at this time of year. Usually, retailers are equipping up for fall sales, so the August drop is a huge warning.
A Bearish Sign for the entire United States Economy
The transportation industry provides an early canary-in-the-coal-mine caution signal for the rest of the United States economy.
Call me a pessimist, a bear, or a moron … however my personal portfolio is prepared to profit from falling stock rates.
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Markets increase or fall each day, but when reporting the reasons, the monetary media rarely provides financiers with a total photo. Tony Sagami reveals you the actual story behind the week’s market news in his free publication Connecting the Dots.
HSHS St. Joseph’s Medical facility president and CEO, Terra Home’s primary monetary officer, and a regional State Farm Insurance coverage agent were honored by other local company females at the Highland IFBW’s annual Manager amp; Guest Night on Nov. 9 at Windows on Broadway.Peggy Sebastian
, the president of primaryceo of St. Joseph’s Medical facility in Highland, was named Manager of the Year. Lisa Sauer, who has a State Farm Insurance coverage workplace in Highland, was honored as this year’s Female of Accomplishment, and Maura Donnelly, CFO of Terra Characteristic in Highland, was offered the club’s “Women Mean Business” Award.
Any IFBW member or committee might send a nomination in any of the awards. Nominees are evaluated on essays of 1,000 words or less.
“As ladies helping ladies, we thinkour team believe in acknowledging our own members for their achievements, recognizing local female company females for their achievements, and recognizing bosses who support our mission and provide community leadership,” said Becky Obermark, Highland IFBW president.Peggy Sebastian,
Manager of the Year Award requirements: Supports the IFBW company and its goals, mindset toward staff members, impressive accomplishment in his/her career, support to females workers for additional advancement, exceptional guidance to youth in the neighborhood, service in volunteer efforts in the neighborhood, and leadership effort in church and local companies. Chosen by: Coworkers at HSHS St. Joseph’s Healthcare facility What they said:” Peggy exhibits characters of leadership which those who report to her wish to emulate. She is truly a leader, and not a supervisor. She is one who motivates staff members to’ think outside the box’ and attain their own greatness. She is well respected by her employees, because, as president and CEO of HSHS St. Joseph’s Healthcare facility, she puts in the time to link personally and expertly with workers and to listen to their ideas and recommendations.”Peggy values input from all levels of the organization and constantly acknowledges the contributions and achievements by all. She stands out at group building, and is a devoted company who invests time and energy in those who have interest in furthering their professions within the company. She is the first individual to look internally to fill higher-level positions, and alsoas well as challenges staff members to grow. Working in health care, which is largely a women-driven nursing environment, Peggy is always providing chances for ladies to expand their leadership functions beyond direct client care. “She is not one who looks for individual acknowledgment, however instead concentrates on living St. Joseph’s Health center’s objective of serving and looking after others. Since pertaining to St. Joseph’s Hospital in 2009, Peggy has actually promoted the vision of building a replacement center to serve our neighborhood. In addition to physicals, one of Peggy’s lots of achievements consists of bringing cancer care and advanced women’s services to Highland; including an outpatient cancer treatment program, FAMILY PET scan, Stereotactic Breast services, and 3D Mammography. She likewise works as our division executive champ for advancing our Cancer Care service line.”Never ever forgeting the true mission of the healthcare facility, Peggy is always producing brand-new opportunities for workers to connectget in touch with the spiritual values and
provide time for reflection. She likewise sees the value of connecting the religious community with the health center by supporting sponsorship of the Ministerial Alliance, involvement in our Pastoral Care programs, and hosting a weekly Mass kept in the hospital chapel. Peggy strongly supports neighborhood participation through her subscription with the Highland Rotary Club, acting as a member of the Board of Directors for Highland Chamber of Commerce, and acting as a board member of the Madison County Child Advocacy Center. She strongly supports her leadership group’s participation in neighborhood occasions and civic organizations.”Always looking at the huge photo and what the future holds for St. Joseph’s Healthcare facility, Peggy has worked to establish programs that support our community youth. Under Peggy’s leadership, the medical facility has partnered with Highland High School
to supply very first employment opportunities to today’s youth. St. Joseph’s also supplies task shadowing and student nurse scientific rotations to prepare those who pick health care as a profession.” Peggy has all of the characteristics and values that are not only needed to make St. Joseph’s Medical facility a success, however that her workers need and desirewant and needs to achieve greatness. She truly is a great manager who is deserving of this award.”What Sebastian stated:”I’m extremely humbled by this acknowledgment. When you surround yourself with great individuals, quality happens. This team makes me look good.”Lisa Sauer, Woman of Accomplishment Award criteria: Exceptional accomplishment in her career, assistance to other ladies in their profession advancement, outstanding guidance to youth and young profession females, substantial contribution to the IFBW Federation objectives, service in volunteer efforts in the neighborhood, leadership
in church, regional, state or national programs, and leadership effort to encourage women to get in politics. Nominated by: Cindy Vosholler and Mary Gray, coworkers at State Farm Insurance.What they stated:”Lisa’s objectives and achievements have actually never been are about doing what corrects! She comes from the IFBW and other companies not to ‘just be a member.’She strives to make each company better by her being an active participating member. She serves on boards and
committees not because she has absolutely nothing else to do, however due to the fact that she cares!”She begins
her profession the exact same way. She feels that education is among the most vital services she can offer her insurance policy holders. Educating someone about their needs and listening to their goals is the very firstprimary step in helping them cover those requirements and achieving their goals. She makes it an indicate build a relationship with her customers, not since she needs to … but because she cares!
“Her accomplishments with State Farm have actually been lots of. She has actually attained Legion of Honor, Silver Scroll, Bronze Tablet and Ambassador Travel numeroussometimes over the years. We might go into all the information on exactly what it takes to accomplish these awards, but your head would be swimming in numbers. These awards have actually never had to do with acknowledgment! They represent exactly what it indicates to do’exactly what is right for the consumer and what corrects for State Farm,’not simply to be effective, however because she cares!”She is likewise a terrific boss! We have understood her for a while now and she makes it a point to be reasonable. She expects One Hundred Percent from us since she gives One Hundred Percent in everything she does. She is always searching for ways to helpto assist us reach our goals. It is never ever about Lisa or her office, as far as Lisa is concerned, it is our office and we are a Team, due to the fact that she cares! “What Sauer said:” I am delightedenjoyed receive the 2015 Woman of Accomplishment Award! It indicates a lot to be recognized for difficulteffort and caring about my customers. For the last couple of years, I have actually been accustomed to giving out awards, and it was a surprise and honor to be on the getting end!”Maura Donnelly, Women Mean Business Award criteria: Impressive accomplishment in her career, help to other ladies in their profession improvement, outstanding guidance to youth and young profession ladies, service in volunteer efforts in the neighborhood, leadership in church
, local, state or nationwide programs, and leadership to encourage females to enter politics. Chosen by: Rob Bowman, president of Terra Residence. What Bowman said:”It has actually been my pleasure to work with Maura Donnelly for more than a dozen years. She presently acts as Terra Characteristic’ chief financial officer. This
position not just has Maura managing all Terra’s corporate financial resources, but she likewise manages all the financial reporting for the forty-plus entities that own the buildings we manage. Rather a job when you understand Maura is responsibleaccountables for the financial resources of more than$50 million of domestic and office investment buildings.”Part of Maura’s tasks place her in charge of Terra’s accounting and household property management staff.
That staff includes eight women. Over the years she has actually been here, Maura has actually been responsibleaccountabled for working with, training, training and monitoring these associates. To be truthful, her judgement of character and her capability to train and lead our personnel far goes beyond mine. Maura has actually been quite successful in constructing a strong and faithful group dedicated to serve our customers, our residents and each other. “One of the things I preach is to offerreturn to the neighborhood. Maura has taken her volunteer work to another level. In addition to her service as an Extraordinary Minister of Holy Communion and coordinator of the Parish School of Religion at her church, Maura is a past president of the Highland Rotary club(2011-12)and currently acts as the Assistant District Guv. Maura is likewise active as a Highland Chamber of Commerce Ambassador. She got her start in community involvement and her leadership training by chairing numerous jobs for the Highland Jaycees.” Part of Maura’s duties as one of Rotary’s Assistant District Governors is to drive membership, consisting of the facility of new clubs. I know that Maura feels that Rotary has offered her with the opportunity to refine her leadership skills, enhance her networking chances, and broaden her neighborhood involvement. Maura focuses her energies on recruiting more ladies into the Rotary clubs in addition to into leadership positions within a club so that they, too, can gain from the experiences Rotary has provided her.” Through her work, in addition to her participation in her neighborhood and her church, Maura Donnelly exemplifies the type of successful and involved woman for which the IFBW stands.”What Donnelly said:” I am recognized to be recognized by the Highland IFBW for this award, as I make sure they have lots of terrific business females in our community to pick from each year. I am grateful that my manager, Rob Bowman, values my professional efforts within Terra Residences and thank him for choosing me and for always supporting my neighborhood service throughout the years.”
Ask University of Colorado Boulder faculty and personnel for entrepreneurial repairs and installation propositions and they will deliver.
Eleven groups of CU-Boulder professors and staff from across school have actually been offered seed financing, varying from $5,000 to $20,000 each, after a call went out in September for applications. The 11 awards given are out of 26 overall submittals.
The cross-campus Entrepreneurship Initiative guiding committee picked the awardees and is providing the financing with support from CU-Boulder’s Silicon Flatirons Center at the University of Colorado Law School.
The seed grants are indicated to motivate business initiative and to influence professors and staff to take threats and establish new tasks, especially those that involve collaboration across schools and departments on campus. Dan Caruso, chairman and CEO of Zayo– a bandwidth infrastructure services company– along with successful business owner, supplied generous assistance for the initiative.
“The breadth of innovative concepts and expertise from CU-Boulder professors and personnel when they are provided a problem-solving chance is vast and impressive,” stated CU-Boulder Chancellor Philip P. DiStefano. “With their business state of minds and interdisciplinary missions, our faculty and staff are not only advancing the campus but also study in their fields.”
The application leaders and their repairs and installations include:
- Francy Milner/Susan Clarke (business/political science): A model for CU-Boulder undergrads to work collaboratively and entrepreneurially to deal with social and environmental issues.
- Michael Theodore (music): The advancement of open-source hardware and software designs for technology-driven public art installations such as those that are found in airports. Such art setups including sensing units, motors and lights, for instance, can have ramifications for assistive innovation as well.
- Don Grant (sociology): Creation of the very first social entrepreneurship program for Colorado healthcare experts with the objective of establishing a statewide network of experiential labs to train undergrads to be “patient navigators” who direct clients to basic resources for good health like food, real estate and heating support, decreasing medical facility readmission rates.
- Erick Mueller (company): An initiative to expand and enhance the teaching of entrepreneurship across school.
- Al Smith and Morley McBride (company): A bootcamp to help students learn “design thinking,” which requires inspiration through compassion, innovative ideation and iterative design cycles making use of quick prototypes and user feedback. Students will find an innovative, human-centered method to issue addressing that they can apply throughout life to scholastic, business or personal pursuits.
- Rebecca Komarek (Catalyze CU/Idea Forge/engineering): The building of resources at CU-Boulder to more foster research commercialization and local industry partnership, supplying students with a strong understanding of a disciplined technique to entrepreneurship and development.
- Richard Han (computer systemcomputer technology): Enhancing an existing computercomputer technology capstone course, including biweekly micro-pitch competitors and student-led peer investments to mature student item advancement and entrepreneurship savvy.
- Kathy Ramirez-Aguilar (CU Green Labs): A campus website to move furniture and lab equipment from departments with surplus to departments in requirement, minimizing expenses and diverting waste.
- Lupita Montoya (engineering): The integration of entrepreneurship principles concentratingconcentrating on the requirements of Latino and Native American neighborhoods in an existing sustainable design course taught in a Residential Academic Program, expanding the course providing to all majors.
- Sharon Matusik (business): The development of a nationwide conference at CU-Boulder checking out brand-new hybrid companies– such as accelerators, crowdsourcing and funding platforms– and entrepreneurship.
- Melissa Hart (law): Establishing a plan for the production of Colorado’s first modest-means law companylaw practice incubator making it possible for brand-new attorneys to acquire the skills necessary to release their own effective practices and provide legal services at inexpensive rates.
Beyond their application leaders, numerousa lot of the jobs include interdisciplinary faculty, staff and students from ecological studies, the ATLAS Institute, the College of Media, Interaction and Information and other devices throughout school, in addition to neighborhood organizations such as the Spark Boulder co-working space and Naropa University.
“Entrepreneurial and interdisciplinary analytical abilities are vital for all experts,” said Phil Weiser, executive director of the Silicon Flatirons Center and dean of Colorado Law. “The imaginative and remarkable propositions supported by this effort underscore how CU-Boulder is a fertile ground for establishing and making use of such skills throughout the university. Our collective spirit and significant business neighborhood offer us with a chance to do something actually special in this area.”
For more infoFor more details, including news, resources and occasions, check out the brand-new CU-Boulder entrepreneurship website at http://www.colorado.edu/entrepreneurship/.
For the first time, NC State is participatingtaking part in Global Entrepreneurship Week, an effort that encourages individuals all around the world to obtain involvedassociated with business ideas, drive economic growth and expand human welfare.
The worldwide initiative started in 2008 and has actually quickly grown to include 25,000 events held in 160 various countries on six various continents. NC State will host more than 10 of these occasions.
Geek of the Week: Patent attorney Priya Cloutier couldnt assistance however catch the business bug
by Jacob Demmitt on
Regardless of the enhanced volatility and uncertainty seen in the markets in 2015, the United States is actually on track to do something it hasn’t performed in a decade. According to a recent study, the United States economy is positioned to grow at its fastest rate in the past One Decade.
And while 49 per cent say employers need to be more active in closing the pay space, nearly 30 per cent think ladies need to toughen up in pay negotiations to win a much better deal.The findings are from a survey of 140 state and territory finalists in this years Telstra Business Womens Awards, which culminates tomorrow night in Melbourne.Nine of 10 females stated having the right connections in company was important or important to the success of their businesses.The importance of engaging with strong role designs was emphasised by 83 per-cent of the women with three-quarters saying they had been crucial to their success.The wideranging study also found that ladies were less most likely to trumpet their accomplishments
than men and were more likelymost likely to recognise success in aside from in their own endeavours. When it concerned leadership qualities, honesty was high up on the list with more than 50 per cent valuing stability and
honesty.Six of the 8 state and area finalists selected stability as the most crucial quality of the leader.Tasmanian-based Beth Mathison, a director of Centaur Company Networks and a finalist, stated integrity was vital to her success.I am a specialist and I enter into a great deal of various companies. I have 65 clients and I like to be reputable and really reputable and, most significantly, to be very honest
in all my relationships, she said.My clients trust me to offer them great guidance, she said.Ms Mathison said she would constantly supply recommendations to clients even if it was not in her own interests.South Australian-based finalist Kate Thiele, who is the primary executive of Guide Dogs SA and Northern Area, stated mentors were essential to her success.The melting pot of ideas from many mentors has been my biggest source of motivation from believed leaders right through to my kids and their view of the world. Their ideas challenge me and ignite an innovative energy to think about what is possible.New South Wales-based finalist Captain Mona Shindy, an officer in the Royal Australian Navy, is one of the 60 percent of finalists who said they were creating their methodmethod a male-dominated office and were appreciative that the awards shone a light on the challenges women faced.Firstly, having individuals see, understand and acknowledge the trouble of the trip I have been
on and appreciate the perseverance and skills requiredhad to be successful is extremely rewarding. It is much better than any financial benefit or pat on the back you can provide yourself, Captain Shindy said. Initially published as Businesswomen informed to toughen up