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Local News - Local News - November 26, 2009 |
Editor's Notebook
Richard Ripley
Fred Dickson has learned to watch for telling, if unofficial, economic indicators during his 38 years in the securities industry.
Eighteen months ago, Dickson, who's a market strategist and director of retail research for D.A. Davidson & Co., noticed that a string of idle railroad cars that Burlington Northern Santa Fe Railway parks on a track near Helena, Mont., had grown so long it stretched for 26 miles. Sitting rolling stock doesn't carry goods or grain, but by a month ago, Dic...
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Eighteen months ago, Dickson, who's a market strategist and director of retail research for D.A. Davidson & Co., noticed that a string of idle railroad cars that Burlington Northern Santa Fe Railway parks on a track near Helena, Mont., had grown so long it stretched for 26 miles. Sitting rolling stock doesn't carry goods or grain, but by a month ago, Dic...
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