Rail traffic fell marginally week over week and was down just 0.2% year over year as comps become easier. All in all, the rail industry is showing signs of stability, but no significant signs of a v-shaped recovery. Gains were reported in chemicals, food and autos:
Source: AAR, Railfax
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.