iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Warren Buffet’s Favorite Indicator Still Chugging Along

“No signs of economic slow-down in this week’s rail data.  Consistent with recent readings, rail traffic remained strong this week with carloads posting gains of 6.2% and intermodal traffic reporting 16.8% gains.  The 10 week average ticked up to 6.5% for intermodal traffic while the first five weeks of the year logged a 4.5% gain versus last year.  AAR has the details: Full report

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