CNBC: Trump declares victory as presidential race has yet to be called
CNBC reports: Donald Trump declared victory in the presidential election early Wednesday morning, as the Republican led Kamala ...
CAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY
CAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS LINE: DEMAND PATTERNS LINE: LANDSCAPELINE: CONF CALL STARTSDSV: UNTOUCHABLEEXPD: NOT AS BULLISH AS PREVIOUSLYFWRD: SPECULATIVE RALLY
Of all the “implications-for-supply-chains-and-shipping-from Trump’s victory” articles so far, this is by far the best, from Splash247 columnist Andrew Craig-Bennett. It reads like a howl of rage, naming Mr Trump’s extraordinary win as a watershed that has brought Anglo-Saxon domination of world events to a close after two centuries. Oh yeah, and the implications for shipping? Mr Craig-Bennet believes another recession is on its way, while the dollar’s role as the global currency is finished: “The Fed won’t raise that interest rate – it will be printing dollars like they are going out of fashion, because, indeed, they will be going out of fashion.” The big winner will be China and possibly some shipowners: “The really good news is that there will be such a shortage of investment capital that shipping returns will rise as investment becomes scarcer.
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