Sunday, June 9, 2024

2H24 : Freight Rate spike

 morning ... Monday 7am . Back to college after 3 weeks of 'holiday' ... needing to work on my students weaknesses . 


This is my chart I drawn moments ago ... as the freight rates spiked 12% in a week due to the attacks in SUEZ canal. So ... will we be seeing the spike in inflation ... hence, no rate cut in 2024? 


Here is the latest SPIKE chart for your reference. 

MISC : new high ... exponentially up. So, are you missing the ship?

so ... let's check the inflation prints in coming months, ya.

Good morning.

TEH


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