Core US Sector Weakness/Triple Tops Mirror Late 2018 with Tail Risk

Equity Research Analyst, Maritime sector, Drewry Maritime Financial Research

Ankush Kathuria CFA, FRM

Equity Research Analyst, Maritime sector

Maritime Sector, Equity & Credit Research

Drewry Maritime Financial Research

With no ties to other players in the shipping, finance or banking world, we provide a uniquely impartial view of the markets and companies we cover. Our parent organization, Drewry is a leading independent provider of research services to the maritime and shipping industry, employing over 100 professionals across an international network of offices in London, Delhi, Singapore and Shanghai. Combining our market-leading resources with seasoned sector expertise DFRS offers a highly differentiated and comprehensive range of investment and financial research services to lenders and prospective investors in publicly listed maritime and shipping companies. The full service of reports, supporting resources and sector orientated webinars provides our clients with the most complete picture of the organisations under coverage as is possible. We have been charting and analysing the world’s maritime markets for more than 40 years. This unrivalled intelligence and understanding provides the foundation of our research service. Our analysts have access to one of the most up-to-date, comprehensive and reliable sources of market insight and research data available today. We look at globally listed companies within the following sectors: Port Operators, Container Shipping, Container Manufacturing & Leasing, LNG Shipping, Dry Bulk Shipping and Tanker Shipping. Combine in-depth sector expertise with financial analysis focusing on over 50 stocks globally.

Thematic (Sector/Industry)

United states Marine / Thematic (Sector/Industry)

<p>The recent cessation of trade hostilities between the US and China barely lasted a month. Predictably, the truce that was agreed during the G20 meeting in Japan at the end of June was ended via Twitter when US President Donald Trump announced on 1 August that a new tariff of 10% will be imposed on another $300 million of Chinese goods, effective 1 September.</p><p>Latter remarks indicated that the rate could rise to at least match the 25% duties placed on the remaining $250bn of Chinese goods already subjected to extra tariffs. </p>

The recent cessation of trade hostilities between the US and China barely lasted a month. Predictably, the truce that was agreed during the G20 meeting in Japan at the end of June was ended via Twitter when US President Donald Trump announced on 1 August that a new tariff of 10% will be imposed on another $300 million of Chinese goods, effective 1 September.Latter remarks indicated that the rate could rise to at least match the 25% duties placed on the remaining $250bn of Chinese goods already subjected to extra tariffs. 

Container Insight: Resumption of US-China Trade War