Heterodox
Attacks on Red Sea shipping, and its tie to US energy consumption – by New Deal democrat The drought in economic data continues today. So let me continue on the issue of energy, tying into yesterday’s note on hybrid and electric vehicles. Here’s an eye-opening graph from JP Morgan via Carl Quintanilla’s social media feed, showing an 80% decline in shipping through the Suez Canal following Houthi attacks on commercial vessels at the entrance...
Read More »Attacks on Red Sea shipping, and its tie to US energy consumption
