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> And shipping overall is down. Problem is demand-side. Really ? All economic indicators (manufacturing index, employment, ...) seem to indicate otherwise. If
by iofj 11y ago
> And shipping overall is down. Problem is demand-side.
Really ? All economic indicators (manufacturing index, employment, ...) seem to indicate otherwise. If problem is indeed demand side, wouldn't you see a serious crash right about now ?
- dredmorbius 11y agoWe aren't? Look up shipping indices. Baltic Dry Index, etc. All massively down since mid-2015.
- iofj 11y agoWell sure, but equities certainly don't seem to have gotten the message.
- dredmorbius 11y agoLiquidity seeks returns. Asset price inflation isn't economic growth. And a strengthening labour market would see rising wages. They're rather curiously not. For some decades now.