Comment / Analysis: friendly 'Trump trade' boost for unfriendly Expeditors?

ID 85020220 © Joe Sohm | Dreamstime.com

There came a point, a few weeks ahead of the US ports strikes, when irrational behaviour – later spurred by China stimulus* hopes – in the stock market meant: “anything transpacific” was worth adding, in pure equity exposure terms.

(*Read Premium’s ’Defend and spend’.)

What that implied was: it didn’t really matter where to park cash looking to outperform a bull market breaking new records, so long as investors would not miss that wave ride.

And then yesterday, one of the biggest, listed ...