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. 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
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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