Financials Matter

"It's Not Just About Finance"

Supply Chain Disruptions in 3…2…1

Don’t say we haven’t been warning you (for months now) but supply chain disruptions are for real.

And the Presstitutes aren’t reporting much about it.

It’s kinda like Covid redux.

Only this time the blame will be on Trump Tariffs

 

Tariffs will certainly not halt trade, but they have caused a kink in the supply chain.

 

Cue Up:  The Port of Seattle reported a temporarily lack of any container ships last week.

 

Huh?

Yes, you read that right.

And what you probably did not read was what Seattle port commissioner Ryan Calkins told CNN…

 

“I can see it right over my shoulder here, I’m looking out at the Port of Seattle right now, and we currently have no container ships at berth.  That happens every once in a while, at normal times, but it’s pretty rare.”

 

Not a good sign.

 

Adding gasoline to this soon-to-be inferno, Port of Long Beach CEO, Mario Cordero told NBC, “What happens here is going to be an indication of what’s going to occur in the supply chain. We have less vessel calls, less cargo now.”

 

And just up the road from Long Beach, a 35% decline in traffic was reported at the Port of Los Angeles. “You could hear a pin drop,” said Port of Los Angeles Director Gene Seroka last week. “It’s very unusual.”

Seroka also told AFP that American importers have reported having five to seven weeks of normal inventory on hand, with many retailers completely halting shipments from China.

 

 

Supply Chain Disruptions

 

 

Supply chain disruptions make things difficult because businesses cannot properly determine how much or when to buy due to ever-changing tariffs.

 

Understandably, ports on the West Coast are feeling the impact first as they are the hub for shipments from Asia.

And many expect the slowdown to spread to the Gulf eventually and then the East Coast ports.

As we noted earlier, most of the blame will fall on Trump for his tariff policies.

But this is nothing new.

 

In Case You Missed it… tariffs and supply chain disruptions are something we have been writing about since 2018.

 

READ:  Are Trump Tariff policies Draining the Swamp?  March 13, 2018 (HERE).

READ:  How Trump’s Tariffs Help China…June 12, 2019 (HERE)

 

The big question is; How are you preparing for shortages caused by supply chain disruptions?

The markets know this and are responding accordingly.

So, be sure to read our May edition of “Simplifying Wall Street…In Plain English” (HERE).

 

Share this with a friend…especially if they noticed the price of their favorite coffee (at Costco) has increased 33% in the last few months.

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

Support always welcome via the digital tip jar.

 

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