NOTE: I don’t know this guy’s background but he was referenced by Pedro just a couple of posts ago…………

The U.S. real economy is slamming on the brakes hard, as the effects of tariff policy are beginning to manifest at full force.

We’re seeing a sharp vertical collapse in January, with the index touching lows not seen since the 2008 financial crisis – and actually lower than the COVID peak

Freight is not moving in the United States!

The disconnect is glaring: Markets have been euphoric about AI driven productivity gains, yet real economic activity, as measured by freight volumes – is collapsing

https://x.com/amital13/status/2024388015481590194