Submitted by hegotthedream t3_z8jvgg in wallstreetbets
DenseDentist2245 t1_iycq9bo wrote
global demand for "stuff" is down. They ship "stuff". People are hoarding their money for heat and food........... not goods. Container shippers are not doing so hot. Shippers that haul grains, fertilizers, iron, oil, gas, etc, are "maintaining". I own shipping stocks, so I prol know more about shipping stocks than anyone I know of. This is not financial advise and I have no clue what I am talking about.
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