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Trump Promises “Fast Trains,” Japan’s Railway Stocks Soar

Monday, February 13, 2017 6:58
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(Before It's News)

wolfstreet.com / by Wolf Richter / Feb 12, 2017

Do Trump and California suddenly see eye-to-eye on high-speed rail?

President Donald Trump met with airline CEOs at the White House on Thursday. At the core of the discussion was the overhaul of the Federal Aviation Administration, including changes to the “totally out of whack” national air-traffic control system. He had other goodies for the airline CEOs.

Afterwards, Southwest Airlines CEO Gary Kelly told reporters that the meeting had been “delightful.” It seems they’d gotten pretty much what they’d wanted. “We are very well-aligned on some very key topics: income tax reform, regulatory reform, and especially growing our industry,” he said.

But something wasn’t picked up by the US media, though it was picked up by hedge funds and other speculators: In his remarks, Trump mentioned high-speed rail in the US. And on Friday, Japanese stocks dealing with high-speed rail systems soared on huge volume! And even in China, it happened.

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The post Trump Promises “Fast Trains,” Japan’s Railway Stocks Soar appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/02/13/trump-promises-fast-trains-japans-railway-stocks-soar/

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