If you are worried about a downturn in markets, one place to look for safety is in sectors that have already fallen.
Market size and segments
Overall issues
Shipping
Trucking
Air
Storage
Technology
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:
Take us on your daily commute! Nucleus Investment Insights is available in Podcast form on iTunes and all major Android Podcast Platforms.
Samuel has a Master of Financial Planning and a Bachelors degree in Psychology. He has worked in Financial Services since 2017 as a Financial Adviser and Mortgage Broker. Sam is a dynamic individual and has a real passion for investing and compound interest. He prides himself on his professionalism and ethical conduct, always striving for the best outcomes for his clients. He really enjoys helping people achieve their goals and loves the investment journey.
