MARKET DAILY

Market 12/20: Risk of supply shock returning

Number of homes for sale increases slightly but remains low. Consumer confidence surges. Nearly 40% of people unable to repay student loans in October.

Dan Khuong Linh
Dan Khuong Linh

Tensions in the Red Sea are pushing up global commodity prices. Shipping costs from China to Europe are rising again.

Most recently, shipments from Ikea, Abercrombie & Fitch have been disrupted:

Ikea may face shortages of some products due to rerouting ships away from the Red Sea.

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