Earlier this Houthi rebels in Yemen attacked ships on the Red Sea. This caused many shipping firms to re-re-route their ships around the Cape of Good Hope instead of via the Suez Canal. According to LSEG Shipping Research, the alternative route takes an extra up to two weeks and adds an additional fuel costs of …
The U.S. is one of the large crude oil producing countries in the world. According to the EIA, the top five countries in 2022 were the US, Saudi Arabia, Russia,Canada and Iraq. In the US, crude oil produced in 32 states and offshore. However just five states accounted for about 72% of the total production …
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The concentration in the US equity market has been running relatively high for the past few years. I have written many times on this topic as can be found here and here and here. Most of the time, I have discussed the concentration using the S&P 500 as the benchmark. However I came across an …
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