Add the impact of fixed cost, repair and maintenance cost, depreciation and restart cost (whenever it starts back), the economic loss would be catastrophic
Source: hsg8
Add the impact of fixed cost, repair and maintenance cost, depreciation and restart cost (whenever it starts back), the economic loss would be catastrophic
Source: hsg8
2 Comments
Shai-Hulud
I think we will see a similar market correction like the one in Aug 2024 in June that lasts for about 3 weeks. During this time US and Iran finalize some peace plan. Market recovers by September driven by the same tech crowd. No rate hikes because demand destruction doesn’t warrant it. Republicans try to spin the end of war as a US victory to win mid-terms but slowing economy and high gas prices play against them. No majority for democrats. The stalemate continues while the market makes new highs by year end.