Joined Nov 11, 2007
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Old Man Buffett’s Favorite Indicator Still Points Towards Recovery

“No downturn in Warren Buffett’s favorite economic indicator….Rail traffic has now reached its highest 12 week moving average since 2011.  With a weekly intermodal reading of 10.5% year over year the 12 week moving average is now at 6.75%.   Here’s more via AAR:

 The Association of American Railroads (AAR) today reported that U.S. monthly rail traffic showed mixed results in February, and gains in both carloads and intermodal traffic for the week ending March 2, 2013….”

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