ONLY THE SHADOW KNOWS

yo!.. bottom line... innit!  

 

 (August 19)  

July 2020 Cass Freight Index® Held in Deep Annual Contraction, 

Consistent With Bottom–Bouncing Manufacturing, 

but Running Increasingly Counter to “Booming” Retail Sales 

(CassInfo.com, see detail at https://www.cassinfo.com/freight-audit-payment/cass-transportation-indexes/july-2020). 

 The year-to-year annual decline 

of 13.1% (-13.1%) in the July 2020 Cass Freight Index® 

remained deep in Pandemic-driven recession territory, 

having moved off its 17.8% (-17.8%) drop in June, 

and the near-record 23.6% (-23.6%) contraction in May, 

which held shy of the April 2009 Great Recession trough record plunge of 25.0% (-25.0%). 

The Cass Index’s consecutive monthly year-to-year declines 

and deepening month-to-month declines in the 12-month trailing average

 held in place for the 20th straight month. 

Those year-to-year and 12-month-moving-average metrics neutralize seasonality 

in this unadjusted series. 

ShadowStats regularly follows and analyzes the Cass Index 

as a highest-quality coincident and leading indicator of underlying economic reality.

 We thank Cass for their permission to graph and to use their numbers in our Commentaries.

 

http://www.shadowstats.com/

 

 NOW FOR SOMETHING COMPLETELY DIFFERENT

yes it's that room again..

BY THE TIME I GOT TO STURGIS

 yo!.. virus loves ta party... innit!

 

I came upon a crazy man
He was riding along the road
And I asked him, where are you going
And this he told me

 
I'm going on down to Sturgis town
I'm going to join a motorcycle band
I'm going to party out on the land
I'm going to try an' get my mouth free

 
We are stardust
We are golden
And we've got to spread the virus
Across our nation

 

Then can I ride beside you
I have come here to lose my health
And I need to be a part of something spreading

 
Well maybe it's just the danger
Or maybe it's the time to shout
I don't care who I infect
But you know the virus is for spreading

 
We are stardust
We are golden
And we've got to spread the virus
Across our nation

 

By the time I got to Sturgis
We were half a million strong
And everywhere there was song and celebration

 
And I dreamed I saw the nurses
Riding shotgun in the sky
And they were watching people die
Across our nation

 
We are careless
Billion year old carbon
We are stubborn
Caught in the viral bargain

 
And now we're going to to spread ourselves
Across our nation

https://edition.cnn.com/2020/08/21/us/sturgis-motorcyle-rally-sd-covid-nebraska-trnd/index.html

 

South Dakota 'super-spreader' biker rally could be linked to 250,000 coronavirus cases

More than 400,000 people are thought to have attended this year's Sturgis Motorcycle Rally over the course of 10 days