Jun. 29 at 6:10 PM
$SLV $GLD $JNUG $B $GDX
Freight Shipping Costs Surge As Companies Race To Beat New Trump Tariffs – FT
Expected tariffs → import surge → shipping capacity tightens → freight prices rise → businesses face higher costs even before tariffs begin.
"They may be overcommitting or over-ordering... but many companies are thinking I would rather be safe than sorry."
This will cause US data on the economy to look better then it truly is because of the companies over ordering to play it safe with tariffs. Many games & gaming of this market are growing
Trump bought
$5 million in shares of Axon Enterprise — maker of Tasers, body cameras & policing software — two weeks before Immigration & Customs Enforcement sought a 5-year,
$220 million contract. Insider trading is NOT ILLEGAL but only as long as you work in politics & this is a bipartisan unspoken deal
https://www.ft.com/content/8bf7cfa4-5412-41d3-b84e-e89f84265fe8?syn-25a6b1a6=1