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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,902
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Rail Freight
https://www.zerohedge.com/news/2019-08-03/derail-traffic-declines-across-us-railroads-signals-broad-industrial-slowdown
"Rail freight is alternative data that gives us a more transparent measurement of what's happening in the real economy, without government numbers that could be significantly altered for a political agenda
The decline in rail freight is an ominous sign that the economy is headed for a cycle of vulnerability that could trigger a shock so great that a recession would shortly follow."
Tabs & I both said that a downturn was coming. I did so after the election, saying there were forces in play but we all knew who would be blamed when a downturn happened. You can only print money and ignore debt for so long...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Last edited by pwd72s; 08-06-2019 at 12:19 PM..
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