You know those Mexicans that hang out at Home Depot parking lots looking for work? That’s the picture in Singapore as 750 freighters are idling in the water waiting for jobs – with no work to be had. New York Times has the story:The problem is global shipping has collapsed.
The Big Picture
V-Shaped Economic Recovery: The New Black Swan
Why a V-Shaped recovery is more likely than anyone thinks. […]
Investing Strategy
Wynn is a winner according to Ron Baron.
Ron Baron is bullish on Wynn (NASDAQ: WYNN) Trades for a low multiple on trough earnings. Well managed. (Chart looks good, too!) […]
The Big Picture
Jim Rogers More Bullish on Commodities Than Ever
“Only sector of world economy where fundamentals getting better is commodities.” […]