Friday, June 15, 2012

Investopedia: Once Again, Rails Suggest Summer Slowdown Isn't That Bad

This summer is starting to feel a lot like last year. Europe seems to be coming apart at the seems, volatility is tracking up, and investors are on the hunt for proof that the economy is sliding back toward recession. Like last year, though, the data from the Class 1 North American railroads just doesn't support a panic scenario. Yes, business activity is leveling off, but that's what usually happens in the summer and there doesn't seem to be a compelling reason to hit the big red button just yet.

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Once-Again-Rails-Suggest-Summer-Slowdown-Isnt-That-Bad-UTIW-NSC-CSX-UNP0615.aspx

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