iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Warren Buffets’s Favorite Indicator Continues to Weaken

“Rail traffic trends continue to weaken as this week’s intermodal traffic report came in at 3.8% year over year growth.  This is up slightly from last week’s reading of 2.5%, but brings the 3 month moving average down to 3.8% from 4%.  I continue to see this as being consistent with an economy that is growing, but only marginally.”

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