Could it happen?
Welcome to the Know the Difference Minute for Tuesday, November 22nd.
$2 billion. A day. That’s how much a rail strike would affect the US economy. 
Back in September, it looked like the deal was nearly done with a 24% wage increase over 5 years. Biden administration hit the news circuit for a victory lap. 
The problem is: all 12 unions involved must ratify the new agreement. 8 are on board, but a 4th union rejected the proposal yesterday. So, it’s back to the table this afternoon for the first joint session with the 4 holdouts. The sticking points are sick time and staffing shortages.
Worst case, we could see disruption in rail traffic as early as December 9th.  Some carriers could pause shipments early just in case. Congress is expected to step in if a deal isn’t in place by the deadline. 
I’m Dave Spano from Annex Wealth Management.  That is your Know the Difference Minute.