If you are worried about a downturn in markets, one place to look for safety is in sectors that have already fallen.
In this week’s podcast, Nucleus Wealth Chief Investment Officer Damien Klassen and Senior Financial Adviser Samuel Kerr look through last year’s darlings who have seen shipping rates crater – the logistics companies.
After riding on the highs in 2021 and 2022, shipping rates crashed 80%.
Market participants talk about a trucking recession in rates. Yellow, a major US trucking company went bust. Is it time to re-look at the sector?
Agenda:
Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos.
Samuel Kerr is a Senior Financial Adviser at the MacroBusiness Fund, which is powered by Nucleus Wealth.
The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Samuel Kerr is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.