The above chart (Source: BofA) shows that rail carloads have dropped to critical levels. These levels have preceded, or were accompanied by, an economic slowdown or a recession.
The economic weakness is the main reason for the precipitous decline in commodities. These are worrisome developments for the outlook of profits.
These data are updated regularly for our subscribers. They tell them what to do and how to approach the stock market.
You will encourage me to update this blog with my assessment of what is happening to the economy and financial markets by entering a subscription to The Peter Dag Portfolio.
Thank for visiting this site.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Author, Profiting in Bull and Bear Markets
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