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Warren Buffett: Railroads will almost certainly have a bad year


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#1 KevinKorell

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Posted 30 April 2016 - 11:27 AM

Business Insider, 4/30/16:

Warren Buffett's 'desert island' indicator of the economy is looking terrible


Railroads are having a tough go of it, and Warren Buffett doesn't think it's going to get any better.

"Car-loadings throughout the industry are down this year," said Buffett at his company Berkshire Hathaway's annual meeting Saturday.


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