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Rail Traffic and Retail Sales – More Muddle Through

Cullen Roche -

Here are some ugly charts for you:

Rail traffic came in at 3.7% this week on a year over year basis.  This brought the 12 week moving average to just 2.7% which is the second lowest reading in the last 7 months.

rails

And retail sales slowed to a crawl at just 1.8%.  All consistent with a continued “muddle through” economy.

rsafs

 

About Post Author

Cullen Roche

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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