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This Is The Most Bullish Economic Chart We’ve Seen In A Long Time
By admin on July 19, 2012
From Cullen Roche at Pragmatic Capitalist, the YOY change in rail traffic is starting to re-accelerate again.
Rail is a hugely useful economic indicator, so this is significant.
Pay attention, in particular, to the black 10-week moving average line, which is turning back up.
On a related note, here’s the Q3 outlook from rail giant CSX…
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