Dow Jones Transportation is making higher high and record high!
The reason is simple: Fund from the QE is used to build as many freight infrastructure as possible causing
stocks like Fedex, and all the railroad related stocks such as UNP, CP, KSU to over premium price
What would happen after Oct when QE is officially gone? Perhaps QE 4 is in the pipeline...
The reason is simple: Fund from the QE is used to build as many freight infrastructure as possible causing
stocks like Fedex, and all the railroad related stocks such as UNP, CP, KSU to over premium price
What would happen after Oct when QE is officially gone? Perhaps QE 4 is in the pipeline...