Energy Cable: When it Rains, It Pours in Shipping
Freight rates continue up, but we are yet to see the broad repercussions. Meanwhile, we are getting mixed data signals from the US economy and shipping companies, hinting that being long energy/commodities is NOT a no brainer.
![WS Energy Cable](https://stenoresearch.com/wp-content/uploads/2023/01/WS-Energy-Cable.png)
Freight rates continue up, but we are yet to see the broad repercussions. Meanwhile, we are getting mixed data signals from the US economy and shipping companies, hinting that being long energy/commodities is NOT a no brainer.
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