While some companies are hurting, others are thriving.
Several airlines have had to close their doors, but the railroad business is benefiting. They are more cost efficient, more fuel efficient.
Consumers, mainly businesses, have been turning to them for transportation needs as opposed to package carriers.
Although it hasn’t been officially admitted, our economy may be in a recession (Ben Bernanke, Federal Reserve chairman, has said “a recession is possible.”) But many investors are already looking at recovery.
Wall Street is still seeing a good market, because with the evidence from the railroad industry, as well as the homebuilding market, investors are waiting for the economic rebound.
Even with this positive outlook, people are still worried how this will fair with more job losses, a poorer housing market, and rising gas prices.
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