Monday, 1 July 2024

Shipping Costs Skyrocketing Again… What’s Going On?

several bottlenecks are contributing to the out-of-control prices
 
   
     
   
 
JULY 1, 2024
   
GEOF SMITH’S TAKE
Shipping Costs Skyrocketing Again… What’s Going On?
 

Late last week, I got a reader question asking about the rising price of shipping.

The reader wanted to know what it means for the economy, if this trend will continue, and whether it could kickstart more inflation.

Here are my thoughts:

Yes, as you can see on the following chart, shipping prices are up from the historical baseline.

Not quite as high as during the darkest days of the Covid supply chain disruptions, but still much higher than average:

 
 
 
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Options Trading Tutorial
 

Hey folks, Phoenix here!

With Nate traveling to meet up with Jeffry for the Apollo event I decided to take the reins and provide another lesson for the beginners and a refresher for the more experienced traders.

But first, if you’d like to sign up to attend Nate and Jeffry’s Apollo event, you can do so right here.

Without Further Ado, Let’s Jump Right In With Today’s Lesson:

If you’ve been looking for a way to grow your portfolio, but don’t know how, then options trading might just be the game-changing catalyst you’re looking for.

But remember, options trading does not come without risks… There’s plenty of potential for great returns, but there is also a lot of risk inherent when trading options. At the end of the day, it’s a balancing act.

So today we will talk about some of the basics of options trading to help you get a better idea of what you’re getting into. 


What Is An Option?

— Phoenix Van Zutphen
   
 

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