February 24, 2016, 11:20 eastern

Markets are down this morning partly due to Royal Bank’s earnings not being as good as hoped with concerns about loan losses in the energy sector and also oil down again. Negative days in the market are nothing unusual of course.

I grabbed a few more Canadian Western Bank shares on the decline. They report earnings next Thursday.

The Statistics Canada report today included rail car loadings. Rail car loadings were down 5.4% in December versus the prior year with intermodal (containers) down 2.2% and regular freight cars (commodities, mostly) down about 7%. Of interest, traffic from the United States in December was down 27% perhaps reflecting the low dollar. Checking a more up to date source rail car loadings tracked much lower in January than the prior year (perhaps 5%) but in two of the past three weeks were equal to the prior year.