The Current FReepathon Pays For The Current Quarter's Expenses?
No wonder the shipping companies are parkin’ the ships waiting for sanity to set in.
Obamanomics
Businesses always stop shipping before Christmas.
Nothing to see here, move along... </loony leftist reasoning>
Winter of recovery no doubt.
Ok. So... container freight costs going down. Fuel going down. Beef going down.
This will benefit the average American. The one’s it doesn’t benefit are the kings of the stock market.
So why is this bad ?
Trump Doctrine: Cut taxes, cut the regulatory burden on business, cut government, get a handle on foreign trade, bring back manufacturing and jobs, put our people back to work and let them prosper. Make America great again!
I have posted ad nauseam that the BDI is the only indicator you need to watch. We are in a global slowdown. The US is heading into a deflationary depression. If things don’t change you will look back on 2015 as the good old days.
Obama is busy on a global initiative to fill them up with global Islamo-agitators with some five gallon bucket toilets and MRE’s.
Sink a ship in the Strait of Hormuz, the Suez or Panama canal, and you will see insurance rates sky rocket and global trade plummet.
The jihadis are coming for our wallet (again). Time to go after theirs.
5.56mm
The Current FReepathon Pays For The Current Quarter's Expenses?
This must be "Bush's fault" as well, right?
The two measures of future strength of the world economies are the Baltic Dry Index, and the price of copper. Both hit new lows this week, so it may be time to batten down the hatches.
Is this how the Syrians are shipped?
Also meat, grains and all energy prices are down. All signs of deflation. But in this schizo US economy housing and stock market are stable or inflating
Does Zero Hedge have any credibility?
The spot price isn’t a good indicator of the health of the whole shipping industry — although it does yield the most sensational numbers.
If you got a seat-sale deal of 75% off the ticket price; would you conclude that you need to rush to short airline shares?
No doubt, something is happening here: but, sensationalized articles, using cherry-picked statistics, are not informative.
So what’s the suggested plan for the slow down? Hold cash, but real estate, gold , enter the stock market when it crashes?
By the time president Trump takes office the US markets will be down 50% at a minimum.
Bump for reference.
Container rates are crashing? You wouldn’t know it by the quotes we are getting to ship our household goods to Spain from Georgia.