Why Wall Street Is Piling Into the "Debasement Trade"

Wall Street has been making headlines lately for piling into a strange new money move. What they've dubbed the "Debasement Trade"... And it could affect you and your money in a MAJOR way. Dr. David Eifrig's latest warning deserves your attention.

Biggest rail union joins others in endorsing Union Pacific merger but some still have reservations

JOSH FUNK
September 22, 2025

OMAHA, Neb. (AP) -- The nation's largest railroad union joined the list of companies endorsing Union Pacific's proposed $85 billion acquisition of Norfolk Southern Monday after securing promises to protect jobs, but other unions and chemical makers that rely on the railroads are still expressing concerns about the deal.

The SMART-TD union that represents conductors and other rail workers said Union Pacific put CEO Jim Vena's promise not to lay off any of its workers as a result of the merger in writing and promised to protect their jobs throughout their careers. But the head of one of the next biggest unions said he doesn't think this deal does nearly enough to protect rail jobs, so he's not ready to support the merger that would create the nation's first transcontinental railroad.

The union's endorsement comes just days after President Donald Trump told reporters in the Oval Office that he deal sounds good to him, but groups like the American Chemistry Council and the Rail Customer Coalition have said they worry that allowing two of the six largest railroads to merge will only hurt competition and lead to even higher shipping rates.

The president of the Brotherhood of Maintenance of Way Employes Division union said he believes his Teamsters have enough influence with the White House that he may be able to change Trump's mind once he gets a chance to explain some of the details and the tactics he believes the railroad will use to eliminate jobs.

Rail unions divided over the merger

But SMART-TD President Jeremy Ferguson, who initially criticized the merger and promised to oppose it, said Monday that he now believes it is for the best after the railroad promised to protect jobs.

"For generations, railroaders have worried about what mergers might mean for their jobs and whether or not they would be given the opportunity to reach retirement on the rail," Ferguson said. "Today, we can say with confidence that the biggest railroad and the biggest rail union in America are breaking new ground. We are protecting jobs, protecting families, and protecting the future of the U.S. supply chain."

Tony Cardwell, president of the BMWED, said his union rejected similar offer from Union Pacific a couple weeks ago because the railroad wouldn't agree to protect workers if it decides to lease more of its tracks to short-line railroads to handle the final deliveries as it has already done in a couple locations. He said what good is a promise of a job if it means either taking a pay cut to go to work for a smaller railroad or moving across the country to keep a job with Union Pacific.

Cardwell said that until workers in those situations are protected "We're not going to support it. In fact, we'll vehemently deny it. And we feel like we have a close enough relationship right now with the White House that we can have an impact on this."

Trump's opinion of the deal could prove crucial because he'll appoint two more Republican members of the Surface Transportation Board that will ultimately decide whether to approve the largest rail merger in history. Just last month, Trump fired one of the two Democratic members of the board.

Some shippers express concerns

The president of the American Chemistry Council trade group, Chris Jahn said he's worried that this proposed acquisition will follow the pattern of problems that followed past rail mergers in the 1990s. Deliveries were delayed and disrupted for extended periods after both the Union Pacific-Southern Pacific deal and the Conrail acquisition.

"History has shown that mergers slash service and shift costs onto customers -- and the UP-NS merger risks more of the same," Jahn said. "President Trump has made real progress rebuilding American manufacturing. Let's not let a monopoly undo it."

But many companies back the plan

But more than 100 others have loudly endorsed the merger since it was announced, including major shippers of consumer goods and a major plastic maker who look forward to the prospect of faster deliveries because Union Pacific would no longer have to hand over shipments to Norfolk Southern in Chicago, which can easily add a day or two.

"By knitting together a coast-to-coast rail network, Union Pacific and Norfolk Southern are creating new efficiencies that will benefit everyone - from logistics providers like us, to our customers, to the end consumers," said Adam Miller, CEO of Knight-Swift Transportation. His company is a major shipper that trucks metal goods to railroads and then pays them to haul the trailers across the country before Knight-Swift picks them up again with its trucks to deliver them.

Frank Vingerhoets said he believes combining the two railroads will help his company's plastics reach their destinations more quickly and efficiently.

"It means the plastic pellets and other products we handle can reach key markets faster and more seamlessly than ever. In short, it's a win for shippers and for the entire supply chain," said Vingerhoets, who is president of Katoen Natie North America.

This deal faces a long review

The STB review of the deal could take up to two years to complete. The board established a high bar for major rail mergers after the problems of the past, but Union Pacific and Norfolk Southern executives have expressed confidence in their chances of gaining approval.

"I am confident we will unlock new sources of growth for the country and our industry, taking more trucks off taxpayer-funded highways, serving new markets, and keeping more railroad jobs in America," said Vena, the Union Pacific CEO.

Continue Reading...

Popular

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Zohran Mamdani Says No More Thanking Veterans Today, Forgetting Tomorrow — Trump, Obama And Others Express Gratitude For Service

America's top political and tech leaders — including Donald Trump, Barack Obama, Tim Cook, and Sundar Pichai — marked Veterans Day 2025 with tributes honoring the courage and sacrifice of U.S. service members.

America's Next Security Revolution Has Begun - Ad

Built for endurance, powered by AI, and proven in the field, the K7 is redefining protection for ports, energy hubs, and cities across the nation. The rollout is already underway.

China's stranded astronauts to return from space station on spacecraft that brought new crew

BEIJING (AP) — A three-person crew after their spacecraft was apparently hit by space debris will return Friday using the craft that brought their replacement crew, state media said.

California revokes 17,000 driver's licenses. But the state disputes it is over immigration concerns

California plans to revoke 17,000 commercial driver’s licenses given to immigrants after the Trump administration raised concerns about people in the country illegally receiving licenses to drive a semitruck or a bus. But Gov. Gavin Newsom said that isn't the reason.

Speculative? Yes. But This Memecoin Has Serious Fundamentals. - Ad

Most memecoins are driven by hype-but this one might be different. Backed by a real use case and unexpected investor interest, our analysts believe it could emerge as one of the strongest performers in the coming cycle.

Trump Tells Republicans To Not Be 'Weak:' 'You Will Rue The Day That You Didn't Terminate The…'

Trump urges Republicans to end filibuster and warns of Democratic plans to expand Supreme Court. Government shutdown continues.

Wall Street Enters Its Strongest Month: These 7 Stocks Often Crush It

November is historically Wall Street's strongest month. These 7 stocks often delivered standout gains in recent decades.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Dave Ramsey Reveals Why Millionaires Crush Mortgages Early

Dave Ramsey advises buying a home with cash, citing his firm's survey of millionaires who often retire their mortgages in about 10 years.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Nearly 8 Million Shiba Inu Vanish After First SHIB ETF Filing Shakes Market

Nearly 8 million Shiba Inu (CRYPTO: SHIB) tokens have been incinerated following the inaugural filing of a Shiba Inu ETF, rekindling interest in the popular meme token.

16 Stocks To Buy If You Want To Escape The AI Hype

Bank of America is pointing investors toward 16 overlooked stocks with strong fundamentals and no direct ties to the AI boom—offering a safer path beyond the hype.

You're Almost Out of Time to Place This "Debasement Trade" - Ad

Wall Street has been making headlines for piling into a strange new money move they're calling the "Debasement Trade"... And it could affect you and your money in a MAJOR way. According to Dr. David Eifrig the clock is ticking for you to get your money in the right place.

Warren Buffett Opens Up About The Biggest Investing Blunders Of His Career — Here They Are

Over the decades, the "Oracle of Omaha" has shared candid reflections on his biggest blunders, from emotional decisions to missed opportunities, all of which provide timeless investing insights.

The new $50M Literary Arts Fund will support independent publishers and nonprofits

NEW YORK (AP) — Citing a chronic shortage of financial backing for independent publishers and nonprofits a coalition of seven charitable foundations has established a that will distribute a minimum of $50 million over the next five years.

Another Gold High? Here's the Move Wall Street Is Missing ... - Ad

Gold just surged past $4,200, up 45% in a year - but Sean Brodrick says $6,900 could be next. History shows when gold booms, one hidden play has delivered far bigger gains - 21x, 49x, even 1,386x. The same strategy once handed 26,000% profits. And Sean says it's back on the table now.

UPS cargo plane with 3 aboard explodes on takeoff at Louisville airport, igniting huge fire

LOUISVILLE, Ky. (AP) — A large UPS cargo plane with three people aboard crashed Tuesday while taking off from an airport in Louisville, Kentucky, igniting an explosion and massive fire that left a thick plume of black smoke over the area.

After 50 Years of Chemo, One Biotech Could Lead the Next Cancer Breakthrough - Ad

For decades, toxic chemotherapy defined cancer care. This biotech's innovative approach could finally change that. With early results showing precision without poison, this story is one investors will want to see early.

Fintech company Fiserv slashes guidance, shuffles leadership after big earnings miss

WASHINGTON (AP) — Fiserv shares careened to their lowest level in more than five years Wednesday after the fintech payment company badly missed Wall Street's profit targets, lowered its forecast and announced a shake-up in leadership.

Nigerian billionaire plans expansion of Africa's biggest oil refinery

ABUJA, Nigeria (AP) — The billionaire owner of plans to expand its capacity to 1.4 million barrels per day to meet growing fuel needs in the continent and beyond.

AI Meets Real-World Security with the K7 - Ad

Continuous patrols. Instant response. Zero fatigue. The K7 merges robotics and data to outperform humans in coverage, cost, and consistency and it's already live across the US.

Shutdown stalemate set to drag into sixth week as Trump pushes Republicans to change Senate rules

WASHINGTON (AP) — Republicans and Democrats remained at a stalemate on the over the weekend as it headed into its sixth week, with for millions of Americans and President Donald Trump pushing GOP leaders to change Senate rules to end it.

Nvidia Packaging Partner Amkor Logs Momentum Gain— Up Over 30% YTD On AI Surge

Amkor Technologies (AMKR) hits top momentum percentile, up over 30% YTD as Nvidia's key CoWoS/HBM partner. AI surge drives gains.

The K7 Is Changing the Economics of Security - Ad

$65-an-hour guards can't compete with a $15-an-hour AI machine that never sleeps. The K7 delivers nonstop protection and smarter analytics that improve with every patrol.

Why Did MediciNova Stock (MNOV) Jump Over 87% In After-Hours Trading?

MediciNova shares soared over 87% in after-hours trading on Thursday following the publication of promising research.

Consumer Tech News (Oct 27-31): Nvidia Surpasses $5T Market Cap, Trump-Xi Meeting Concludes, Big Tech Report Earnings & More

Apple, Amazon, Microsoft, and Alphabet beat Q3 estimates with revenue and earnings growth. Trump and Xi conclude high-stakes meeting with trade, soybean, and resource agreements, potentially impacting U.S.-China economic relations and global markets.

Why Wall Street Is Piling Into the "Debasement Trade" - Ad

Wall Street has been making headlines lately for piling into a strange new money move. What they've dubbed the "Debasement Trade"... And it could affect you and your money in a MAJOR way. Dr. David Eifrig's latest warning deserves your attention.

Uber Could Top Q3 Estimates On Strong Mobility Data: BofA

BofA's Justin Post expects Uber's Q3 bookings to reach $49B and revenue of $13.3B, citing strong mobility data and growing AV traction ahead of November 4 earnings.

Some Head Start preschools shutter as government shutdown continues

The government shutdown is triggering a wave of closures of , leaving working parents scrambling for child care and shutting some of the nation's neediest children out of preschool.

America's Next Security Revolution Has Begun - Ad

Built for endurance, powered by AI, and proven in the field, the K7 is redefining protection for ports, energy hubs, and cities across the nation. The rollout is already underway.

Ford's enormous F-150 becomes unlikely part of Japan's efforts to woo Trump

TOKYO (AP) — Japan's most iconic truck might be the tiny white transport vehicles that farmers use to lug gear on the narrow roads that link their rice fields.

Speculative? Yes. But This Memecoin Has Serious Fundamentals. - Ad

Most memecoins are driven by hype-but this one might be different. Backed by a real use case and unexpected investor interest, our analysts believe it could emerge as one of the strongest performers in the coming cycle.

Bill Ackman's Hertz Stake Is Starting To Look Like His Next Chipotle Moment

Bill Ackman's investment in Hertz may be the next Chipotle moment as the rental-car company sees a surprise profit and a 40% stock surge.

Best ETF For The Critical Minerals Boom? Here Are Rare Earth Winners

Here's how VanEck's REMX and Amplify's BATT stack up in the fight for dominance over critical minerals and the clean energy supply chain.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Bitcoin Back To $115,000: Why Is It Suddenly Going Up?

Bitcoin's (CRYPTO: BTC) rally to $116,000 has returned millions of coins to profit and reignited optimism for a potential new all-time high.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service