iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Old Man Buffet’s Favorite Indicator Still Showing Weakness

“The trend in rail traffic has moderated substantially in the last few months as the 12 week moving average in intermodal traffic hit its lowest reading since 2011.  The current moving average of 1.34% is consistent with an extremely sluggish economy and one that has come well off the early boom period of the beginning of the recovery when rail traffic was consistently experiencing 10%+ year over year readings.

AAR has more details on this week’s data…”

Full article

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