AI hardware props up air freight – spare a thought for the downside
Eggs in one basket?
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2683433
© Tomasz Śmigielski
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Dreamstime.com
San Francisco’s Prologis (PLD) reported its full-year numbers yesterday, 17 January, on the eventful day when interest rate expectations may have (at least slightly) changed in the wake of inflationary retail figures in the US. Its shares under-performed a sagging US stock market by almost two percentage points, as might have been expected by the bears.
While neither its decent, trailing financial performance nor guidance were as significant for the value narrative as US Treasury-yield patterns are (10-year again solidly above ...
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