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Rail Stocks Have Absorbed Higher Fuel Costs, So Why Not Trucking? Air?
To paraphrase H.L. Mencken’s remark “For every complex problem there is a solution that is simple neat and wrong ” for every apparently straightforward market relationship exceptions abound. I will go so far as to say that in three decades of market analysis everything interesting to me has involved exceptions to and not confirmations of rules.   Let’s take the relationship between transportation stocks and fuel prices. What really can be simpler? You take plane train or truck put stuff into it fill the fuel tank and head off to your destination -- unless of course you are Boeing ...
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