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>Epstein's leaked shipping futures short strategy
ok how much money did our overlords make off of this one?
>>
>>61842977
Does the market really need betting on shipping arriving on time or encountering distress to ensure the quality of the global shipping industry in 2026?
This feels like something out of 1700.
>>
>>61843022
You're being antisemitic
>>
>>61843022
So are Somali pirates. What created the conditons for Somali pirates to exist, oh how I wonder?
>>
>>61843022
the point of the futures market is for the producer/provider to hedge against potential loss. as long as companies want to sell risk to someone else, then yes it makes sense to have a futures market
>>
>>61843022
avoiding the suez adds 7-14+ days sailing
adds X amount of fuel
adds more crewing costs
maintenance is now more
or 12 hrs to go through the canal.
in the Age of Sail ship would be weeks and months behind schedule.



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