(1) Most reliable indicators. (2) Volume of global exports up 3.4% y/y. (3) US exports at record high, fueled by petroleum. (4) Surprising strength in German orders, output, and exports during July. (5) Canada, France, and Italy exporting more. (6) Abenomics isn’t working for Japanese exporters. (7) Mexico and India are EM export leaders. (8) China isn’t so hot and spicy anymore. (9) Transportation’s forward earnings at record high. (10) Focus on overweight-rated S&P 500 Transportation.
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