As in the US 10-yr yield falls as low as 2.78% on Friday, down from a high of 3.50% two weeks ago.
As in China-to-US shipping rates decline 14% last week, the first YoY decrease since June of 2020.
As in ISM Prices Paid for Manufacturing Orders falls to 78.4, its fourth consecutive monthly decline.
“My ideal investing is stuff that looks a little crazy now and in 3-5 years is obvious.”
– LinkedIn Co-founder Reed Hoffman
“Consumer response to price increases appears more grumpy than fearful.”
– Amherst Pierpont Economist Stephen Stanley
“It can be loud, stinky and hard work, but I think we are compensated well.”
– Port of LA Dockworker Jamie Hipsher