SideNote: Cargo shipping crashing, heavy truck hauling crashing, factory orders falling, and now Rail freight is down. Must be a receipt for QE4?? *Ho*Ho*Ho* Merry Christmas.

GRIM

Pains For Trains From Automobiles

Submitted by Tyler Durden on 12/09/2015

With global freight costs collapsing, as China trade dries up. Rail freight carloads tumbled 5.1% in October, dramatically accelerating the 1.6% drop in Q3 as a strong dollar crimps exports, retailers whittle down excess inventory and energy investment stalls. Until recebtly, the one bright spot in rail traffic was auto shipments... but even that just plunged and is now at the seasonally weakest since 2008.