WTF are we longing and what are we shorting bros??
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Francis Scott Key bridge down
WTF are we longing and what are we shorting bros??
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hideous look city, god how nice it would be to hit delete and return it to nature
yea and its filled to the brim with violent nogs who could mass chimpout at any time.
crazy to think how much stress this is gonna put on commuters, commercial traffic etc, police are gonna take even longer to answer calls
i hate the nogs but an aerial view makes it look like a pretty cool map
McCormick pumped based of cocoa prices.
Under Armour is also headquartered there, but they are already shorted pretty heavily.
The port of Baltimore is number 1 for roll on/off auto delivery and coal in the US. So anything involving those industries would be a good short, however the shipping channel is going to be cleared sooner than people are expecting, however it'll be 10+ years until Freddie Gray Bridge is completed. Short Baltimore real estate, the traffic is going to be dogshit for a while, truckers on 95 have to go around the beltway to get around the city instead of taking the bridge, they're not allowed in the tunnel.
>coal futures increase
I wonder what that will do to electric prices
>supply chain interruption to import automotive
I think that helps US makers (GM, Ford, Honda, Toyota) and hurts heavy importers (VW Group)
>US makers (GM, Ford
lol, lmao
Fine, US and Mexico producers
I dont think either of them make a single vehicle in the US other than heavy duty trucks
>think
Let me google it for you, I guess.
>https://en.m.wikipedia.org/wiki/List_of_General_Motors_factories
european cars imports will shift to LA
Try Newport News
>watch the water
>All of the shipping is trapped north of the bridge.
Did a moron design this infrastructure or what? They never thought about what would happen if the bridge collapsed?
There are roman bridges still standing 2000 years later, the whites of 50 years ago probably assumed the bridge and all accompanying systems wouldnt collapse or fail lol.
SHPING
US is such a third world country. Can't wait to leave this place
And go where?
burn the COAL, pay the TOLL
toll status: PAID
Army corps of engineers is probably already working out how to just get the channel cleared right now. Because of the importance of this harbor they probably have everything at their disposal.
Anyone who owns any kind of bathymetry equipment within range of the bay is about to have a year worth of work. Side-Scan Sonar guys too.
How much of an effect will this have on the S&P 500? I have been hibernating in there for awhile as I watch the market recover and I'm gonna need to take the money out in the next six months or so, I don't want to wait if this could curb the bull market we've been in for a little bit
Probably not measurable. Port of Baltimore is ranked No. 18 in the US by total 2020 tonnage behind Mid-Ohio Valley Port.
It might have an effect on local or regional prices of goods, but not nationally. Port of Baltimore has only 2.8% the throughput of the US's largest Port, Houston, by 2020 tons.
Thanks Anon
The biggest hit will be local economy.
now blockade the rest of washington dc and starve out the politicians
Dont Norman's think it strange this keeps happening?
You mean how the port of Los Angeles keeps having labor problems that causes massive delays?
And the Panama Canal who just spent untold billions of dollars upgrading their water handling facilities so they can't run out of augua is running dry
And how a bunch of sand people in the middle East are blocking trade going through the Suez Canal?
And now, just now a gigantic ship veers off it's course and knocks a bridge down that has been there for 50 years?
Nah!