Kansas City Southern Becoming Casualty Of Prez Trump Mexican Trade War???
Hard times continue for this local company that has seen its stock bounce up and down amid bad news for economic relations among the two biggest trading partners in North America . . . Here's a quick reminder that capitalism always trumps patriotism and politics. Take a peek:
Mexico's anti-trust commission said the lack of railroad industry competition causes national transportation inefficiencies.No surprise there. Morgan Stanley weighs in on how influential the commission may be in regulatory change, and what that might mean for shares of U.S. railroad Kansas City Southern (KSU), which does business south of the border.