Credit Flow Investor

From

https://podcastindex.org/podcast/440470?episode=48111284089

• They overbuilt with 6 lines from Leeds to Manchester.

What was the Railway Mania of the 1840s?

In 1845–1846, Britain had a ‘mania’ during which investors poured capital into railway construction, producing a share-price boom, followed by a collapse that by 1848 had reduced railway shares’ value to the initial capital invested, which then fell below it until the 1860s

ROC12 now +ve.

Economy weakens fast also…No hire…no fire. Until SPY hiccups…

12 wk X 100 wkma now…very bearish.

A slowing SPY is bad news.

Rolling 12 week change-

Q2 +11.2%

Q3 +6.6%

Q4 +2.7%

below 1.0 is weak