All Container Heck Breaks Loose amid Flood of Orders from US Retailers to Supply Stimulus-Stuffed Consumers, Cancelled Sailings by Carriers, and Record Spiking Freight Rates by Wolf Richter • Nov 16, 2020 • 151 Comments While US Farmers Struggle to Find Empty Containers for Exports.
Southwest and Delta Douse Hopes for Recovery in Q4. TSA Checkpoint Screenings Already Agree by Wolf Richter • Nov 12, 2020 • 97 Comments The curious effect of the election and now possibly the surge in virus infections.
Interjet Runs Out of Runway. Six Other Latin-American Carriers Already Liquidated or in Bankruptcy by Nick Corbishley • Nov 5, 2020 • 30 Comments They didn’t get bailed out by taxpayers. But in a radical experiment these days, investors got to eat the losses, as they should.
Unlocked Shareholder Value, so to Speak: Job Cuts at Boeing to Reach 30,000. Commercial Airplane Revenue -56%. $5 Billion Go Up in Flames in Q3, $22 Billion since 737 Max Fiasco. by Wolf Richter • Oct 28, 2020 • 119 Comments $43 billion incinerated on Share Buybacks since 2012 to manipulate up the share price would come in handy now. Shares -60% since June 2019.
How Has the US Dollar Held Up as “Global Reserve Currency” During Q2 Turmoil? by Wolf Richter • Sep 29, 2020 • 94 Comments Declining Hegemony. But still Hegemony.
Powered by Stimulus & Rent/Mortgage Payments “Not Made,” US Trade Deficit Hits Record Worst Terrible Level Ever by Wolf Richter • Sep 29, 2020 • 89 Comments Not a sign of strength, but of big economic distortions.
World Trade Plunges. Here’s Why it’s Even Worse in Reality: China’s Deep-Fake Data Comes to Light by Wolf Richter • Jun 27, 2020 • 225 Comments But the downturn in the goods-based sectors started in 2018. US exports are now down 37% from that peak, imports down 25%.
How a Coronavirus Case in Korea Instantly Hit a Small Business in the US by Wolf Richter • Feb 27, 2020 • 140 Comments Everyone is trying to figure out how to get around the sudden hurdles.
It Starts: Apple Throws Revenue Guidance Out the Window, on Supply Chain Woes & Sales Collapse in China by Wolf Richter • Feb 17, 2020 • 173 Comments This will become an often-played tune over the next few months, delineating how dependent Corporate America has become on China.
What Will the Coronavirus Do to the US & Chinese Economy? by Wolf Richter • Feb 6, 2020 • 122 Comments Is this the black-swan event people have been predicting for years?
