Commodities, Business & Shipping (and Tariffs)

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Stock futures rise slightly as Wall Street readies for presidential election: Live updates​

Stock futures rose slightly Tuesday ahead of a high-stakes U.S. presidential election.

Futures tied to the Dow Jones Industrial Average added 55 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures gained 0.2% and 0.3%, respectively.

The latest poll from NBC News suggests the race is “neck and neck” between former President Donald Trump and Vice President Kamala Harris. Close attention also remains on which party dominates Congress, given that a sweep by Republicans or Democrats could contribute to drastic spending changes or a big revamp of tax policy. (Follow CNBC’s 2024 election live blog here.)

More:

 

The Bab el-Mandeb: The World's Most Contested Chokepoint​

Nov 5, 2024 #supplychain #shipping #houthis

In this episode, Sal Mercogliano - a maritime historian at Campbell University (@campbelledu), and former merchant mariner - discusses the latest issues regarding the diversion of global shipping around Africa and avoiding the Bab el-Mandeb.

1️⃣ IMO Chief Calls for "Urgent" Action in the Red Sea
2️⃣ Houthi Expands Targets to ex-Israeli ships
3️⃣Container Lines Record Profits from Diversions
4️⃣Egypt Losses $6B in Suez Canal revenue
5️⃣ Russia Aids in Targeting Ships & Houthis Accepting Pay offs for Free Passage


24:35

- Red Sea Crisis: IMO Chief Calls for Urgent Action as Houthi Attacks Threaten Global Shipping https://gcaptain.com/red-sea-crisis-i...
- Houthis Say They Will Not End Red Sea Blockade https://gcaptain.com/houthis-say-they...
- Houthi Forces Threaten to Target Ex-Israeli Ships, Even After Resale https://www.maritime-executive.com/ar...
- Maersk Rides Wave of Strong Demand and Red Sea Disruptions https://gcaptain.com/maersk-rides-wav...
- Red Sea Is Now So Dangerous Even NATO Warships Are Avoiding It https://gcaptain.com/red-sea-is-now-s...
- Egypt reveals $6bn revenue hit as Houthis vow to up campaign against shipping https://splash247.com/egypt-reveals-6...
- Russia Provided Targeting Data for Houthi Assault on Global Shipping https://www.wsj.com/world/russia-prov...
- Houthi Bribe Allegations Rock Shipping Market https://gcaptain.com/houthi-bribe-all...
- Houthi threat to shipping growing thanks to ‘unprecedented’ network of support https://www.lloydslist.com/LL1151228/...
 

Stock futures rise slightly Tuesday evening as traders monitor election results: Live updates​

Stock futures rose slightly in early trading Tuesday evening as investors brace for a long night amid a contentious U.S. presidential race that will have big ramifications for the markets and economy.

Futures on the Dow Jones Industrial Average added 59 points. S&P 500 futures climbed 0.1% and Nasdaq 100 futures edged higher.

Americans cast their votes across the country in the tight race between former President Donald Trump and Vice President Kamala Harris. The first polling places will close Tuesday at 6 p.m. ET in parts of Kentucky and Indiana. (Follow CNBC’s 2024 election live blog here.)

More:

 

Basic Materials Roundup: Market Talk​

The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

More:

 

Dow futures surge 1,100 points as Trump closes in on presidential election win: Live updates​

Stocks were poised for a booming rally Wednesday as Donald Trump neared a win in the U.S. presidential election.

Futures on the Dow Jones Industrial Average soared 1,133 points, or about 2.7%. S&P 500 futures gained 2.4% and Nasdaq 100 futures climbed 1.8%. The last time the blue-chip Dow jumped more than 1,000 points in a single day was in November 2022.

NBC News projected that Trump had won 266 electoral college votes, including the swing states of Pennsylvania, North Carolina and Georgia, four electoral votes away from a projected win. The projected victory in key battleground state Pennsylvania marked a major step for Trump to clinch the White House. Wisconsin and Michigan are still too close to call. Follow CNBC’s 2024 election live blog here.

More:

 

Republican Victory’s Impact on Scrap Metal: What’s Next for Copper & Steel?​

📈 Check Scrap Prices: https://iScrapApp.com/ - With the recent Republican win, changes are expected across key sectors that influence the scrap metal industry. Here’s what a new administration could mean for copper, aluminum, steel, and more in 2024. Get ready for insights on shifting demand and evolving policies:

7:15

👉 Read more: https://iscrapapp.com/blog/weekly-scr...
 

Closing Markets: 11-6-24 Grain & Livestock Futures Shake Off Election, Tariff Fears & Soaring Dollar​


Nov 6, 2024 Markets Now with Michelle Rook

Darren Frye, Water Street Solutions, says it was an impressive that grains, especially the soybean complex, shook off the election results, possible tariff hikes and a sharply higher dollar.


9:16
 

Dow soars 1,500 points to record high in best day since 2022 after Trump election win: Live updates​

Stocks rallied sharply on Wednesday, with major benchmarks hitting record highs, as Donald Trump won the 2024 presidential election.

The Dow Jones Industrial Average surged 1,508.05 points, or 3.57%, to a record close of 43,729.93. The last time the blue-chip Dow jumped more than 1,000 points in a single day was in November 2022.

The S&P 500 also hit an all-time high, popping 2.53% to 5,929.04. The Nasdaq Composite climbed 2.95% to a record of its own of 18,983.47.

More:

 
maritime-executive.com

Trump's Win Boosts Oil Stocks, But Offshore Wind and Ocean Freight Tumble

The decisive electoral victory of future President Donald Trump has sent energy stocks soaring, while the initial investor reaction for the rest of t...
maritime-executive.com maritime-executive.com

gcaptain.com

Mixed Bag for Shipping Stocks as Investors Weigh Trump Win

U.S.-listed shipping stocks were a mixed bag on Wednesday following President Donald Trump’s re-election as investors responded to anticipated policy changes that could reshape the landscape of energy, trade, and...
gcaptain.com gcaptain.com
 

Trump vow on new trade war sends shockwaves through supply chain, importers scramble to move up orders​

  • Logistics companies say that clients from retail to manufacturing are moving quickly to get imports into the U.S. ahead of schedule.
  • President-elect Trump has vowed to move fast on aggressive new tariffs on imports and said in his speech early Wednesday morning, “promises made, promises kept.”
  • The shipping anxiety could fuel freight rates, and shares of trucking and railroad stocks rallied on Wednesday, though international ocean carriers slumped, led by Maersk on fears about lower overall global volumes of trade in a new trade war.
Retailers and manufacturing companies have been increasingly calling logistics partners, both in the days leading up to presidential election and on Election Night, about “front loading” shipments ahead of any changes in tariff policy to be pursued by President-elect Donald Trump, who campaigned on an aggressive expansion of existing U.S. tariffs on cross-border trade.

Trump has vowed across-the-board tariffs of 10% to 20% on all imports arriving into the United States and a 60%-100% tariff on Chinese imports.

“This is 2018 all over again,” said Paul Brashier, vice president of global supply chain for ITS Logistics, referring to the year during which Trump first imposed sweeping tariffs in his first term. “The calls expand beyond shippers who have Chinese imports. The global tariff threat is fueling calls for frontloading from all around the globe,” he said.

 
Unchanging things about money and human behavior....

ritholtz.com

ATM: What Never Changes with Money - The Big Picture

At the Money: What Never Changes with Money (November 6, 2024) As much as our era seems to be unprecedented, Human nature is the same as it ever was. Our behavior around risk and reward has been very consistent over the millennia. Full transcript here. ~~~ About this week’s guest: Morgan...
ritholtz.com ritholtz.com
 

Stock futures rise as Wall Street tries to extend major post-election rally, Fed ahead: Live updates​

Stock futures gained slightly after a huge market rally following Donald Trump’s decisive victory in the presidential election. Traders are also awaiting the Federal Reserve interest rate decision Thursday afternoon.

Futures tied to the Dow Jones Industrial Average rose 94 points, or 0.2%. S&P 500 futures and Nasdaq 100 futures both traded up 0.2%.

Trump’s triumph in the race for the White House spurred a surge in stocks that sent the blue-chip Dow soaring by more than 1,500 points. The Dow, S&P 500 and Nasdaq Composite all notched new all-time highs in the session, while the small cap-focused Russell 2000 jumped more than 5%.

More:

 
www.marctomarket.com

Serenity Now

Breaking Down and Making Sense of the Global Capital Markets with Political Economist Marc Chandler
www.marctomarket.com www.marctomarket.com
 
ritholtz.com

10 Investing Lessons from the 2024 Election - The Big Picture

Well, that was interesting. Every presidential election in the United States, regardless of the outcome, offers something to be intrigued by. 2024 was no different. I have spent much of my career studying human decision-making and behavior, especially when we engage in herd behavior. This...
ritholtz.com ritholtz.com
 

Morning Bid: Post-election Wall St booms as Fed cuts, China spurs​

A look at the day ahead in U.S. and global markets from Mike Dolan

Wall Street's S&P500 (.SPX), opens new tab looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge with its second interest rate cut of the year on Thursday and a nod to more.

RemovePaywall | Free online paywall remover

Remove Paywall, free online paywall remover. Get access to articles without having to pay or login. Works on Bloomberg and hundreds more.
www.removepaywall.com www.removepaywall.com
 

Stock futures slip as Wall Street tries to extend postelection rally: Live updates​

U.S. stock futures fell slightly after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the Federal Reserve’s latest interest rate cut.

S&P 500 futures and futures tied to the Dow Jones Industrial Average each added fell 0.1%. Nasdaq 100 futures were down 0.3%.

During Thursday’s trading session, the broad market index gained 0.7% to close at a new record. The tech-heavy Nasdaq jumped 1.5% and ended the session above 19,000 for the first time. Meanwhile, the 30-stock Dow was marginally lower. The three major averages all hit intraday record highs during the session.

 
CLS Week 45 (registration is free)

Fearnleys Week 45

www.drewry.co.uk

World Container Index - 06 Mar

06 Mar 2025: Drewry’s World Container Index decreased 3% to $2,541 per 40ft container this week.
www.drewry.co.uk www.drewry.co.uk

Baltic Exchange Dry Index - Price - Chart - Historical Data - News

Baltic Dry increased 231 points or 23.17% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on March of 2025.
tradingeconomics.com tradingeconomics.com
 
splash247.com

Why China’s changing diet matters - Splash247

The Chinese switch from pork and how this is influencing dry bulk trades. Eating healthier and more nutritious foods and changing your diet for the better is the advice of every doctor you probably ever met. But what happens if a country of 1.4bn people changes its diet and how big is the effect...
splash247.com splash247.com
 

Five Maritime Reform Proposals for the Trump Administration​

Nov 8, 2024 #supplychain #shipping #politics

US Maritime Reforms: International Shipping, Coastal Shipping (aka the Jones Act), Shipbuilding, Seafarers and Cargo Preference


42:07

00:00 Introduction
03:25 1. International Shipping
09:04 2. Coastal (Jones Act) Shipping
20:14 3. Shipbuilding
28:05 4. Seafarers
34:54 5. Cargo Preference
38:19 Conclusion & New Merchant Marine Act
 

Markets Now Closing Markets 11-8-24 Video​


15:02
 

Dow tops 44,000 for first time, S&P 500 closes at record high to cap election week rally: Live updates​

The stock market climbed to new records on Friday, as the Dow and S&P 500 headed for their best week in a year after Donald Trump’s election win.

The Dow Jones Industrial Average rose about 260 points, or 0.6%, crossing 44,000 for the first time. The S&P 500 added 0.4%, trading above 6,000 for its own milestone. The tech-heavy Nasdaq Composite lagged, little changed on the day, but did set its own intraday record.

More:

 

S&P 500 futures climb slightly following broad index’s best week of the year: Live updates​

Stock futures climbed slightly on Monday morning as Wall Street looks to what’s next after a post-election rally propelled the market to record highs.

Futures tied to the Dow Jones Industrial Average added 55 points, trading 0.12% up. S&P 500 futures were also 0.18% higher, while Nasdaq 100 futures climbed 0.23%.

Sunday’s action follows a big week for U.S. stocks, with the three major averages closing at all-time closing highs. The Dow and S&P 500 both notched their strongest weeks in around one year, with the former at one point breaking above the 44,000 level for the first time.

More:

 
You must log in or register to reply here.
Back
Top Bottom