Advertisement
New Zealand markets closed
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NZD/USD

    0.5892
    -0.0013 (-0.22%)
     
  • NZD/EUR

    0.5523
    -0.0022 (-0.39%)
     
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • OIL

    83.24
    +0.51 (+0.62%)
     
  • GOLD

    2,406.70
    +8.70 (+0.36%)
     
  • NASDAQ

    17,037.65
    -356.67 (-2.05%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,986.40
    +211.02 (+0.56%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • NZD/JPY

    91.0710
    -0.1830 (-0.20%)
     

Berkshire’s BNSF Can Gain from Trump’s Manufacturing Push

Berkshire’s BNSF Can Gain from Trump’s Manufacturing Push

As is evident from its policy decisions, which include rate cuts, trade wars, and the easing of lending via the amendment of the Dodd-Frank Act, the Trump administration is pushing for domestic manufacturing. Railroads (XLI) could see improved traction and consistent growth amid improving coal and industrial output in 2018. Berkshire Hathaway’s (BRK.B) BNSF consistently grew its business in 2017 on higher operating profits aided by investments made to improve efficiency.