bullish
What the Baltimore Bride Collapse Means for Commodities
SUMMARY
- Goldman also highlights that cyclical risks from the business cycle are fading.
- An upswing in the global industrial cycle typically leads to broad metals upside over the next 12 months the investment bank added.
- According to data from PIERS, a trade flow analytics tool within S&P Global, Baltimore port held just 4% share of the total trade volumes on the East Coast compared with other major regional ports like New York, with a nearly 38% share according to S&P Global.
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