Wall Street Breakfast: Must-Know News [View article]
ReferenceNFC-- Norfolk Southerns negative earning announcment. This is just an observation and not directed at NFC but, the economy in general. Here in Idaho we have many miles of unused train tracks. Lately they are being filled up with parked rail cars that the railroad companies are paying to park their cars that are not being used. They stretch for miles. They are leasing the lines and paying per car with possible long term leases. In my opinion this definately , contrary to the talking heads on CNBC implies that THE ECONOMY IS NOT THAT STRONG AND MAY INDEED BE GETTING WEAKER, AND REMAINING THAT WAY FOR SOME TIME!
Wall Street Breakfast: Must-Know News [View article]