Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Last week, Maersk increased its earnings estimates for 2024 for the third time since May. While this might have been a reason to celebrate the growth of the global economy, it has to be viewed as a source of concern regarding inflation. Maersk has benefited from a double dose of geopolitical risk: terrorism and Trump tariff threats.

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