Monday, November 21, 2022
HomeInvestmentShanghai To LA Delivery Prices Decline 81% From Peak As Fed/Fed Gov...

Shanghai To LA Delivery Prices Decline 81% From Peak As Fed/Fed Gov Stimulypto Slows To 2010 Ranges (M2 Cash Development Slows To 2.6% YoY)


by confoundedinterest17

Liz Ann Sonders, Chief Funding Strategist, Charles Schwab & Co, wrote immediately “Collapse in transport charges continues to look unreal … value to ship 40-foot container from Shanghai to Los Angeles has fallen by 83% from peakby far largest drop on document (bringing degree to lowest since June 2020)”

Sure, Liz Ann, transport prices from Shanghai to Los Angeles are plunging. However why?

Federal Reserve and Federal authorities stimultypo has wound down. M2 Cash YoY development is the bottom since 2010 and no, it isn’t the results of Mayor Pete’s magical expertise at clearing the logjam at Los Angeles ports. It’s the slowing of Federal stimulus (or stimulypto).

Right here is Liz Ann Sonders tweet.

Let’s see if 1) The Fed continues to hike and a pair of) will Home Republicans halt the insane spending, notably because the begin of Covid in 2020.



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