Greetings from Waterton National Park Alberta.
On Wednesday, markets continued to push higher as the S&P 500 rose 1.4% and Toronto rose 0.5%.
AutoCanada was up a further 8.0% on its Q2 earnings release.
Apple was up another 3.3%.
Checking the latest rail car loading report out today, the recovery continues in the U.S but the level remains noticeably lower than the past two years. Metallic ores and minerals are a big laggard. Another laggard is non-metallic minerals as is coal.
Similar comments apply to Canada but in addition petroleum car loads are substantially lower.