Kansas City Southern CEO (KCS)….
Tag: rail
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$$ Pessimism Still Rampant……
From the WSJ…
Still surging…
Not sure what people convinced of a double dip are looking at but the #1 economic predictor in real time is rail traffic….and it is surging….2 of the last 4 weeks (ending 8/14) have been the strongest weeks of 2010. That means a ton of stuff is being moved/bought/sold etc…
We’ve been taliing about this for awhile….
We’ve been taliing about this for awhile….
This defies the double dip crowd….rail traffic cannot/does not/will not grow in a doubler dip scenario. The fact it is surging in late July to the highest levels of the year is material. We’ll of course have to watch for follow through but it would seem as though a summer slowdown may have passed and activity is resuming. These results also back what I said in my last post on rail traffic
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$$ Latest Rail Traffic…A Drill Down
Be careful of the interpretation of this data around the web….
Watch for this….