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Re: Fear of a recession

Posted by Dave on Sat Feb 16 10:25:08 2019, in response to Re: Fear of a recession, posted by BILLBKLYN on Sat Feb 16 06:17:12 2019.

You're confusing the stock market with the overall economy. The economy is showing signs of slowing down. Case in point: For the week ending Feb. 9, total U.S. weekly rail traffic was 519,779 carloads and intermodal units, up 0.1% compared with the same week last year. Total carloads were 242,266, down 3.3% compared with the same week in 2018. Only three of the 10 carload commodity groups posted an increase compared with the same week in 2018.

Carloads and intermodal units are an early warning sign into the state of the economy.




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