Railroad carloads down - way down.

Discussion in 'Economy' started by SmokeALib, Oct 12, 2019.

  1. SmokeALib
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    SmokeALib Gold Member

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    Although I appreciate Trump's efforts to stave off socialism, and agree with most of his policies, our economic indicators aren't looking so good...

    Union Pacific : Current Carloadings - Week 40 | MarketScreener

    They say so goes the railroads, so goes the economy.
    Many railroads are suffering 10% less carloads than the same time last year.
    Massive layoffs and restructuring are occurring as we speak.
    Unless something happens to reverse these trends, our economy will continue to plummet.
     
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  2. andaronjim
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    andaronjim Gold Member

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    If China ever comes clean and the trade deal goes through, you will see plenty of carloads...Patience is a virtue.
     
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  3. SmokeALib
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    SmokeALib Gold Member

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    I hope you're right.
     
  4. candycorn
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    candycorn Alis volat propriis

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    Gee, thanks for coming around to the all too obvious fact that the economy is sluggish with only anecdotal evidence of improvement.

    Our trade deficit with China; the nation we’ve targeted with tariffs…has grown. Our exports to them has shrunk.

    From Reuters:

    Screen Shot 2019-10-12 at 8.35.10 AM.png
     
  5. SmokeALib
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    SmokeALib Gold Member

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    Ah, gee, thanks for the unneeded sarcasm. I have never stated that the economy was in a glorious state due to Trump.
     
  6. depotoo
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    depotoo Platinum Member

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    upload_2019-10-12_12-40-47.png
    .
     
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  7. Jomama
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    Jomama Silver Member

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    Patience is an affliction and hope is delusion.
     
  8. andaronjim
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    andaronjim Gold Member

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    So all those that voted for Hope and Change, were all delusional? Thank you for pointing that out.
     
  9. longknife
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    longknife Diamond Member

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    I just did a Google and Bing search and can find nothing about this.

    Do you have a link beyond the one you gave us that explains it?
     
  10. SmokeALib
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    SmokeALib Gold Member

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