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Zero Hedge — World’s Largest Shipper Warns Of Collapsing Volumes, Dashes Hope For V-Shaped Recovery

Summary:
A.P. Moller-Maersk A/S, the world's largest container line, warned Wednesday that global trade will continue to falter with volumes declining by at least a quarter in 2Q20. Zero HedgeWorld's Largest Shipper Warns Of Collapsing Volumes, Dashes Hope For V-Shaped RecoveryTyler Durden

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A.P. Moller-Maersk A/S, the world's largest container line, warned Wednesday that global trade will continue to falter with volumes declining by at least a quarter in 2Q20.
Zero Hedge
World's Largest Shipper Warns Of Collapsing Volumes, Dashes Hope For V-Shaped Recovery
Tyler Durden
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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