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Comment / Markets: A rally, 0% inflation, SoftBank c(r)ash – and winter is coming

AL
By

Yesterday was eventful and not only because my boy, Matteo, turned 11.

Exuberant euphoria. It was around early afternoon European time, when through the lens of transport and logistics (T&L) stocks, we suddenly knew the world was no longer such a bad place to live in as it was only moments earlier.

Suddenly, and for no obvious reason from the onset of the rally, or beloved forwarder DSV soared…

… while Germany’s Hapag-Lloyd, ahead of today’s results (OUR take is here), consolidated previous strength…

… ...

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