Heavy-Truck Orders Drop 81%, Global Manufacturing Recession Begins - Save Your 401k While You Can

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2019 trucking orders have all been in the red, but last month was the worst with new heavy-truck orders coming in at -81%. The CASS Freight Index is also showing a sharp contraction in the number of containers moving throughout the global economy. Truckers have seen 2,500 layoffs while 7 major trucking carriers have closed their doors this year. With what many are calling a manufacturing recession as having already begun, it's only a matter of time before these financial markets follow suit and head downwards.

It's time to protect your 401k or IRA while you still can, because once the market comes down, you won't have much time to respond to the problem.

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