Tag: Shipping Stocks
Is It Time To Buy Shippers?
I wanted to go back and revisit an article I penned on the shipping industry last October 9th. In it, I pointed out that it had been a rough few years for the shipping industry. My takeaway was that we were seeing the development of a “major bottom” in shipping rates- and thereby shipping stocks. […]
Shipping Stocks Recover First In A Global Recession
It finally happened. After spending over four months buying a new house, moving day finally arrived. It’s been like a hurricane. Of course by moving day, I mean three day weekend! I feel like I’ve been swept up and blown all over the map. It all started on Friday. That was delivery day. We’d ordered […]
Shipping Stocks Offer Big Profit Potential
“I just bought a boat,” my friend Eli announced a while ago. As an investment banker I was used to people spending their huge bonuses on extravagant things. First class vacations, Patek Philippe watches, new Porsches and Mercedes, new homes, second homes, and of course boats. What surprised me was the state this boat was […]
