Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The shipping crisis in the Red Sea, with its resulting elevated costs and delivery times, has led to increased demand for air cargo service. The airfreight firms are enjoying surging cargo volumes and rates during a typical seasonal lull. Airfreight costs will become a source of inflation only if the Middle East conflict expands into a regional war.
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