Recession Warning: The Real Economy Is 'Very, Very, Very Weak' | Craig Fuller скачать в хорошем качестве

Recession Warning: The Real Economy Is 'Very, Very, Very Weak' | Craig Fuller

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com The freight industry has long been thought of the circulatory system of the economy. It's how the things bought & sold through commerce get from point A to point B in the real world. Historically, when trucking frieght loads diminish, it's usually correlated with a weakening economy. And if it gets bad enough, a recession. Today's guest is Craig Fuller of Freightwaves, price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. He recently released a prediction that the US freight trucking industry is about to experience "the largest capacity purge in history" We'll ask him what that means for the economy, as well as the hundreds of thousands of workers he expects to be impacted by it. #recession #trucking #freight 0:00 - Prediction of Largest Capacity Purge in Trucking History 2:37 - Political Impact on Driver Supply and Capacity 3:01 - Stagflationary Implications of Purge 4:29 - High-Level Economic Implications of Report 4:48 - Focus on Goods Economy and Physical Consumption 5:25 - Freight Volumes Down 17% Year-Over-Year 7:05 - Freight Data as Leading Indicator for Economy 8:39 - Epic Collapse in Freight Demand Since Valentine's Day 10:26 - K-Shaped Economy: Goods vs. Services Sectors 11:18 - Hyperscalers Driving GDP but Employing Few 13:05 - Sector-Specific Issues: Energy, Auto, Housing, Manufacturing 15:03 - Unequivocal Weakness in Underlying Economy 15:52 - Policymaker Denial Based on Selective Data 20:06 - AI as Cost-Efficiency Tool, Not Revenue Generator 21:16 - Potential Job Displacement from AI Success 23:21 - Concern Over Delayed AI Returns Exposing Weakness 26:09 - Parallels to Dotcom Hype in AI Narratives 27:04 - Frustration with Tariff Policies Stalling Manufacturing 29:08 - Policy Instability Sapping Investment Confidence 30:01 - National Security Justification for AI Spending Questioned 35:02 - Trucking as Number One Job in 29 States 35:48 - Knock-On Effects of 600,000 Driver Purge 36:45 - Purge Targeting Unqualified Immigrant Drivers 37:45 - Lax Regulations Enabling Unsafe Drivers 40:41 - Safety Risks from Unqualified Drivers 41:40 - 5,000 Annual Truck Fatalities, Up 40% Since 2014 45:13 - Tourist Visa Drivers and Organized Crime 46:03 - Economic Impact: Legitimate Operators Insolvent 49:02 - 8% of Industry Failing Opioid Tests 50:00 - Purge as Cleanup of Riffraff 53:07 - Outrage Over Unqualified Drivers 55:03 - More Accidents Involving Immigrants 56:03 - Court Rulings and Litigation on CDLs 57:58 - Write Congressmen for Reforms 58:53 - Trucking Automation 10-15 Years Away 1:00:49 - Easier to Automate Controlled Environments First 1:02:01 - Space Commercialization as Supply Chain Issue 1:04:14 - Wealth Building and Investment Themes 1:05:04 - Large Truckload Operators to Benefit 1:05:41 - Railroads as Long-Term Investments 1:06:05 - Warehouse Operators Like Prologis 1:06:34 - Free Consultation with Financial Advisers 1:07:48 - Where to Follow Craig and FreightWaves _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC. Copyright © 2025 Thoughtful Money LLC. All rights reserved.