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Warren Buffett's favorite indicator shows the economy is still very weak
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Friday, January 15, 2010
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From The Pragmatic Capitalist:

Rail traffic continues to show signs of a very tepid economic recovery as carloads and intermodal rail traffic got off to slow starts to the new year.

Total carloads were off 12.7% compared to 2008 while intermodal traffic declined 3.6%. The breadth of the weakness continued to narrow, however...

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Topics: Warren Buffett | Economy | Cruxallaneous
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