http://www.wsj.com/articles/east-coast-ports-hit-by-import-decline-1467143449
Imports slumped at some of the East Coast’s busiest ports in May, as
high business inventories and shifting trade patterns that favor the
West Coast curbed volumes.
On Tuesday the Port Authority of New
York and New Jersey reported that May loaded imports fell to 268,861
twenty-foot equivalent units – a common measure of shipping container
volume – down 4.7% from the same month last year. The total volume of
containers passing through the port fell by 6.1% in May.
Just when the "everything is fine" narrative was on its last legs...
We just sit in our homes, watching tv whilst the fire is burning our neighborhood to the ground. When we discover OURSELVES there is a fire (without news coverage) not only is there no escape, but any emergency provisions will already have vanished from the shelves!
So will it be with your investments....