https://www.aar.org/news/rail-traffic-for-the-week-ending-january-15-2022/
for the first couple weeks of the year, rail traffic (not including intermodal) is down over 4%. container traffic is down 15% . y-o-y.
by this indicator, we are in recession. but we do not have an inverted yield curve, ... and the unemployment rate is not surging.
Thanks bear!
Strange times. Since COVID has likely peaked, maybe things will pick up again?