Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
No one trusts the Houthis. Despite their assurance to refrain from attacking ships during the cease-fire in Gaza, the three largest container shipping companies, MSC Mediterranean Shipping, A.P. Moller-Maersk and CMA CGM, continue to avoid the Red Sea and use other longer routes. Shipping costs will remain a source of inflation.
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