Peter Zeihan: The Swiss Are Screwed
The Matterhorn, Nestlé Chocolate, and a long-standing history of neutrality, Switzerland has it all. However, the Swiss were too busy enjoying all those comforts and…
Thought Leader: Peter Zeihan
Critical Water Levels in the Panama Canal & MedShare Match
Water levels in the Panama Canal are critically low, and the effects could be devastating. The canal represents one of the world’s most important trade routes and plays an essential role in the US trade system.
Ship traffic in the canal has already fallen by 25%, and throughput capacity has been cut in half. This drought will only worsen as an intense El Niño winter rolls through.
Although there aren’t any great short-term solutions, this should be the kick in the ass the US needs to reshore processing. Outside of mitigating future disruptions, everyone using the Panama Canal will just have to ride this wave (or use longer and more expensive routes).
Relevant and recent posts
Loretta Mester on August PCE data
Former Cleveland Fed President Loretta Mester joins ‘Squawk Box’ to discuss the August PCE inflation data, impact on the Fed’s interest rate outlook, state of…
Thought Leader: Loretta Mester
Scott Gottlieb on China’s biotech strategy
Former FDA Commissioner Dr. Scott Gottlieb joins ‘Squawk Box’ to discuss China’s biotech strategy, how China is gaining ground on the U.S. in the biotech…
Thought Leader: Scott Gottlieb
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