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Century-Old Dow Theory Signals Stormy Weather Ahead for US Stocks

A century-old market indicator called the Dow Theory is signaling trouble ahead for stocks. The theory states that movements in the Dow Jones Industrial Average must be confirmed by transport stocks to be sustainable.

Currently, the Dow Jones Transportation Average has fallen 19% from its November peak, nearing bear-market territory, while the Industrial Average is down 9.3% from its December high.

This bearish signal comes amid worrying forecasts from airlines and retailers citing weak demand, and growing concerns about the impact of the Trump administration’s tariff policies on inflation and economic activity.

stagflation2026
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CPI Hits 3.3%, GDP Stalls — Is Stagflation 2026 Here?

March CPI surged to 3.3% — the highest since May 2024 — while Q4 GDP sits at just 0.5%. The stagflation 2026 thesis is now backed by hard data. Gold eyes a third weekly gain as the Iran ceasefire cracks and Islamabad talks loom. Five stories you need this morning.

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Gold, Silver Swing as Ceasefire Cracks

The US-Iran ceasefire is barely holding. Gold closed at $4,768 and silver at $75.60 after wild swings. Oil snapped back above $100 as Iran still controls the Strait. FOMC minutes revealed growing inflation fears and a hawkish shift. Here’s your PM roundup.

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Latest News

stagflation2026
News

CPI Hits 3.3%, GDP Stalls — Is Stagflation 2026 Here?

March CPI surged to 3.3% — the highest since May 2024 — while Q4 GDP sits at just 0.5%. The stagflation 2026 thesis is now backed by hard data. Gold eyes a third weekly gain as the Iran ceasefire cracks and Islamabad talks loom. Five stories you need this morning.

Read More »
gold silver prices ceasefire
News

Gold, Silver Swing as Ceasefire Cracks

The US-Iran ceasefire is barely holding. Gold closed at $4,768 and silver at $75.60 after wild swings. Oil snapped back above $100 as Iran still controls the Strait. FOMC minutes revealed growing inflation fears and a hawkish shift. Here’s your PM roundup.

Read More »

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