Freight rates are on an absolute tear and the question is now to which extent it will impact the inflation basket of Western countries. The shipping malaise opens the door for a bullish TTF Nat Gas setup!
Energy Cable: The Suez Troubles are WORSENING
The situation in the Red Sea is worsening and it wouldn’t surprise us to see spill-overs to the energy space by now. Here is an update on the situation!
Something for your Espresso: The economy is running on COLA
Inflation math is important in times of price pressures and the embedded math works to underpin the economy via deficit spending.
Something for your Espresso: Whispers of a strong job market report
The market seems to be chasing the narrative of higher rates for now and the whisper clearly leans in the direction of a stronger job report. Meanwhile, freight rates continue up.