Not So Fast

After last week’s stock market tumble, many individuals and businesses paused to think about the stability and autonomy of the US and Chinese economies. The drop that was precipitated by other stock market declines in the Far East, left many wondering whether or not recent strength in the market was based on fundamentals or was simply a result of momentum. Although the stock markets have taken a dip, freight rates have remained firm and both crude oil and refined product demand have continued to stay at record levels. Download here