YIKES! Container rates (per 40 ft box) accelerated even higher last week. Demand still exceeding ship/equip supply. Port woes like the Yantian backlog remain a big problem. And peak season is just around the corner 😳 (1/2) Image
Sizable number of ships still stuck at anchor off Hong Kong. (2/2) Image

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More from @benbreitholtz

25 Apr 20
Dark, gloomy in Chicagoland :-/ Fintwit sentiment during only COVID-19 discussions similar. Pessimistic since Apr 17. Lack of test/trace + case rebounds most cited causes.

But, that's the beauty of Fintwit, not everyone singing same tune over COVID-19 or markets. (1/4)
Perma-bulls becoming very optimistic again over consumers leaving hibernation. Oddly, bulls most pessimistic in COVID-19 discussions of late.

Perma-bears seeing bullish equity bias end into month-end. Belief this is a 'bear rally' set to end? Also losing hope in stimulus. (2/4)
Pragmatists' and economists' bullish leaning on USD is ending. Economists remain MOST uncertain group. Modeling using intermittent econ data releases of little help in this environment. Alt data all the rage! (3/4)
Read 4 tweets

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