@APompliano I think it is demand destruction in the short term driven by fear and declining consumer sentiment (from 57 in March to 52 in April). Chinese container shipments dropped sharply after liberation day as well…. It’s too early to tell what the long term impacts will be.
@ctoLarsson Great video and something everyone should pay attention to. It’s “Atlas Shrugged” coming true….. the government picking winners and losers and shutting down disruption……