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The Suez Canal Bottleneck: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

The Rabid Capitalist noted that it expected that the trend of shipping companies abandoning the Red Sea to persist (see https://therabidcapitalist.com/2023/12/16/terrorism-is-a-growing-inflation-threat-the-big-point/), leading to a terrorism-driven transportation bottleneck. Yesterday, another major ocean shipper suspended its use of the Suez Canal due to attacks on its fleet.

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