|Day's Range||51.20 - 51.85|
|52 Week Range||41.23 - 54.33|
|PE Ratio (TTM)||-19.55|
|Expense Ratio (net)||0.48%|
After a harrowing week of questioning the endurance of NAFTA, it seems that the trade deal’s greatest stakeholders can sigh in relief. President Donald Trump confirmed Thursday his willingness to continue ...
It was only yesterday that the Mexican peso and the Canadian dollar slumped, along with companies steeped in cross-border trade, on fear that the Trump administration would abandon the North American Free Trade Agreement. This morning, President Donald J. Trump attempted to throw cold water on that concept, Tweeting first that the two nations reached out to him and he agreed that renegotiating Nafta can happen. Railroad Kansas City Southern (KSU), which has significant exposure to Mexico, is up 3.8% today.
Gross domestic product growth in emerging markets slipped slightly in February compared to January, and that prompted Capital Economics to declare that the "emerging market recovery is topping out." Chief Economist Neil Shearing writes: "Our GDP Tracker suggests that the emerging market (EM) recovery has taken a breather in recent months, following early signs that growth in China has started to ease. Activity in Latin America and Emerging Europe should still strengthen over the course of this year but if – as we suspect – China’s recovery has peaked then this could be as good as it gets for aggregate EM growth.