Shipping Stocks Are Exploding Amid A Commodity Supercycle ...Middle East

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Shipping Stocks Are Exploding Amid A Commodity Supercycle
source : OILPRICE ( Middle East ) () 22
Market experts consider rising inflation and the Ukraine crisis as the two biggest market risks this year. Runaway inflation has been corroding asset values, limiting buying power and eating away at corporate margins, while Russia's invasion of Ukraine has disrupted key energy and commodity supply chains causing massive price spikes. Consequently, the Dow Jones Transportation Average has slumped 11% since late March on fears of waning domestic demand, with container shipping stocks being dragged down along with domestic transport. But the commodities…

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