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Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last
Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last
A.P. Moller-Maersk shares rose in Copenhagen trading after the world's second-largest container carrier surprised analysts by raising its full-year profit outlook, citing stronger-than-expected containerized demand, particularly across Asia. The upbeat guidance suggests the global container market has remained resilient despite earlier Hormuz-related chokepoint disruptions, with global shipping demand holding.
The Danish shipping and logistics giant now expects global container volumes to grow about 4% this year, up from its prior forecast of 2% to 4%. It also lifted guidance...
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Aug 28, 2026 / Tyler Durden
Americans' Confidence Dips In August As Chicago PMI Plunges Into Contraction
Americans' Confidence Dips In August As Chicago PMI Plunges Into Contraction
The MNI Chicago PMI for August was a disaster, printing below even the worst analyst's expectations.
Against expectations of a rise to 57.9, the headline print crashed from 57.6 to 47.1 (flashing recession signals)...
Prices paid accelerated while the overall business barometer plunged into contraction.
That is the biggest MoM drop since COVID...
However, in the face of that collapse in business confidence, UMich reported US consumer sentiment fell in August for the first time in three months on a worsening economic outlook,...
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Aug 28, 2026 / Tyler Durden
Got Hard Assets? UBS Says "Position For A Commodity Upcycle" As Global Scarcity Emerges
Got Hard Assets? UBS Says "Position For A Commodity Upcycle" As Global Scarcity Emerges
One day after veteran commodities strategist Jeff Currie told investors to "get long and buckle up" for the next leg of the commodities rally, UBS strategist Sagar Khandelwal issued a similarly bullish call, urging clients to "position for a commodity upcycle."
Khandelwal said electrification, surging power demand, artificial-intelligence infrastructure spending, persistent supply constraints, and years of underinvestment are converging to create a perfect storm for a sustained upcycle in hard assets.
Commodities can generate returns while protecting portfolios...
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Feb 25, 2026 / Tyler Durden
Contaminated Meat From Brazil Hits The EU, As Mercosur Opponents Are Proven Right
Contaminated Meat From Brazil Hits The EU, As Mercosur Opponents Are Proven Right
Via Remix News,
Opponents of Brussels’ deal with Latin American countries to import agricultural products are being proven right, unfortunately. Meat containing a banned growth hormone has shown up in the EU, a Dutch authority has reported, leading Polish authorities to order urgent inspections by the relevant inspectorates.
EU farmers and multiple groups warned that the lack of safety regulations in use across the Mercosur countries would lead to such outcomes.
The Dutch Food and Consumer Product Safety Authority announced...
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