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Veteran Advisor

Our great economy, in a nutshell

https://wolfstreet.com/2020/01/23/union-pacific-cut-17-of-its-workers-will-cut-8-in-2020-revenue-fel...

Union Pacific stock hits new highs as revenue plummets. Cuts 25% of workforce, and fuel cost down, but still net earnings fell.

But it has bought back $34B of its own stock in recent years,$5.8B in the most recent year while borrowing $20B .

2 Replies
Veteran Advisor

Re: Our great economy, in a nutshell

Now  we  need  a  waLL  in  Minnesota ,  to  intercept  a container  loaded  with  FAKE  money  -  -  -

Shipment  from  China ,  thru  Canada ,  to  U S ,  loaded  with  counterfeit  1.oo  bill$,  yes  $1   bills   -  -  -

International  Falls  Mn.  port of  entry,  was  the  stop  -   -    -

The  D D P invoice , trail could  be  interesting  -  -  -

   

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Veteran Advisor

Re: Our great economy, in a nutshell

Merle  Haggard  summed  it  up  with  the   ''  Hungry  Eyes  ''   - - -

  A  canvas - covered  wagon  in a  crowded  labor  camp -  -  -

Listen, at least  twice,  and  I'm  sure  a  few  folks  might, feel a  bit  unsettled  -  -  - 

On  the  R R  front, a  stark  reminder  today,  from a  few  years  back,  during  consolidation , that  being  '''  Stock  Options  '''  of  a  gifted  few  at  the  top  -  ? 

    

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