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home / news releases / URNM - There Will Be No Reopening Trade 2.0


URNM - There Will Be No Reopening Trade 2.0

  • The Covid vaccination rate hit a saturation rate in most developed countries leading to more hospitalizations for the delta variant.
  • International freight prices have skyrocketed, and we reached new record congestion at the LA port.
  • Transportation has a strong effect on prices, and CPI remains elevated.
  • Personal consumption expenditures shift strongly towards new goods instead of services. While services recently broke their pre-pandemic level, goods skyrocketed.
  • The labor force participation rate is 2% lower compared to the pre-pandemic level.

For further details see:

There Will Be No Reopening Trade 2.0
Stock Information

Company Name: Exchange Traded Concepts Trust - North Shore Global Uranium Mining ETF
Stock Symbol: URNM
Market: NYSE

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