Ports Clogged With Containers As World Trade Stumbles
The latest Bloomberg Trade Tracker reveals an ominous outlook for world trade due to soaring interest rates, the war in Ukraine, a slowdown in the US economy, and zero Covid…
It’s Still Too Soon To Buy Credit Card, Housing, and Transportation Stocks
The Federal Reserve’s GDP-busting rate hikes create headwinds for companies issuing credit cards, selling homes or housing-related goods or services, and transporting goods nationwide. The Federal Reserve suggested in its…
United Parcel Service: Solid Q3 Report, But Freight Headwinds May Grow Dramatically In 2023
Summary United Parcel Service reported a mixed Q3 report, generally taken well by investors. The company expects its profit margins and sales to remain elevated over the coming quarters despite…