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Warren Buffett's favorite economic indicator is in trouble
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Thursday, September 01, 2011
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From Pragmatic Capitalism:

After a persistent, steady, year over year climb in weekly rail traffic trends, the data has finally succumbed to the weakening economy and turned negative.

While this is only a one-week trend, it is worth keeping an eye on the trend. Recent data has been positive, but persistently weak.

The last time the monthly data turned negative was...

Read full article...

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Topics: Economy | Warren_Buffett | Recession
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