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SPDN - The Other Side Of Sliding Commodities; Was There Ever 'Too Many' Goods?
Direxion Daily S&P 500 Bear 1X Shares
Congestion is more a product of the imbalance between demand and supply rebound speed than anything like “red hot.”.
One reason why so many empty containers are piled up and clogging up certain domestic port facilities is that US producers just haven’t been needed to produce much for outbound trade.
The public is being misled into believing a rebound, or just the direction up, is all it takes.