American 'wall builder' stocks knocked down after Trump budget plan
UPDATE: American 'wall builder' stocks knocked down after Trump budget plan
Total non-residential-construction spending is likely to disappoint over the next decade, but growth in construction-heavy industries like manufacturing and highways bodes well for some companies.
High shipping costs prevent low-priced imports from entering these companies' markets.
China's expected infrastructure spending slowdown should pressure commodity prices
Lower commodity prices and a break-up of the European potash cartel have weighed on basic materials stocks year-to-date.
Morningstar StockInvestor editor Matt Coffina discusses recent additions to the Wide Moat Focus Index.
Improved demand should underpin stronger potash and PRB coal markets in 2014.
It's all aboard for CSX, among others, in the index's quarterly rebalancing.