InvestorPlace - Stock Market News, Stock Advice & Trading Tips Union Pacific (UNP), Canadian National Railway (CNI), and Canadian Pacific Kansas City (CP) are…
The railroad industry is one of the oldest industries in the world, and it is one of those that have proven to be integral to global economic development.
Acting as president-elect? he can t keep tweeting like this at least we hope not, for the next four years. that would create so much market volatility right now everyone is writing it off but if he keeps doing this that could become a problem. what has seen the biggest boost? energy stocks have been among the bigger winners because i think everyone now expects that he is going to be more pro u.s. oil, pro coal, that s why you re seeing railroad stocks surging but what s interesting is that consumer stocks, retailers are on fire because everyone thinks the u.s. consumer, now that the election mess is over, they ll keep spending. i m getting breaking news, thank you so much, paul la monica, on this trump some sad news. sad news that we have now confirmed and as a space geek it s a sad, sad, sad to report john glenn, the first american to orbit the earth and a long-time senator has died.
Overheated and now it is cooling off. jenna: we re talking about what is talked about in cocktail parties. i heard this from friends and family concern about real estate. real estate prices goings up. are you concerned about a bubble bursting there. that is a real interesting place because interest rates are extremely low right now. we re seeing money flow into u.s. real estate markets from overseas. i just talked about china. a lot of chinese money coming into our urban real estate markets. i don t think we re in a bubble yet in real estate. think ingredients are in place for that kind of thing to happen if it continues with interest rates so low. if you look back at the history of bubbles it is not out of the realm of possibility. back in the 1800s we used to have serial bubbles in canal stocks or railroad stocks. we can t dismiss the possibility we ll have one down the road. jenna: l king over here and it happens over there. jon, thank you. jon? jon: a massive fire spews billowing smoke. we ll tell you about that. plus a major weather disaster