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NORFOLK SOUTHERN CEO: EXPECT SLOW ECONOMIC GROWTH

Some have perceived the recent growth in rails as a sure sign that the economy is far stronger than most believe. Norfolk Southern’s CEO Charles “Wick” Moorman says the economy continues to grow, but slowly. He does not see a double dip recession, however. Β This interview provides a superb 30,000 foot view of the current economic environment – in essence, the economy is weak, looks to continue to be weak, but is not collapsing:

Source: Bloomberg

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