Bill Zollars, CEO of YRCW, one of the nations largest transportation and trucking companies, presented today at the JPMorgan Aviation & Transportation Conference. Zollars says the U.S. economy “continues to weaken” and “volumes continue to decline”. “February was worse than January”. Truckers and trucking volumes are excellent barometers of economic activity because 70% of all transported goods are delivered by ground. Clearly, things are still accelerating to the downside….
To hear the presentation click here.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.