Gaurav Gupta Profile picture
Trader; views are my own; I don’t give investment advice; here to share and discuss ideas.
16 May
#US #IndustrialProduction numbers were released yesterday for Apr-end. The picture isn't pretty. Showing below how bad it was in the last 2 months in actual numbers. (comparing Feb-end with Apr-end; Grey areas show previous recessions). The index itself declined 15.3% (1)
PART1: Industries underperforming the IP Index

1. #MotorVehicles & Parts - down 80% in 2 months. It's the LOWEST since 1972. (2)
2. #DurableConsumerGoods - down 47% in 2 months (3)
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