Globis maritime soared, and global has climbed 450 . And this performance is even more peculiar, because the sector has been facing a nun of challenges as it deals with global overcapacity and sluggish trade. You may recall, the bankruptcy filing earlier this year of south koreas han engine shipping. So whats going on . Dominic chu takes a look at some theories and why investors need to proceed with caution. Reporter the stock market has been riding high since the election, and there have been a lot of bets placed on companies in industries that might benefit or be hurt by a trump administration. But the recent surge in small and microcaps shipping stocks have defied a lot of market logic. The question is, what is fueling this parabolic move and traders are offering a multitude of theories on why bulk cargo shippers could be seeing brighter days ahead. Could a Trump Presidency lead to a surge on spending on things like roads, bridges and other Infrastructure Projects if that were to ha
Globis maritime soared, and global has climbed 450 . And this performance is even more peculiar, because the sector has been facing a nun of challenges as it deals with global overcapacity and sluggish trade. You may recall, the bankruptcy filing earlier this year of south koreas han engine shipping. So whats going on . Dominic chu takes a look at some theories and why investors need to proceed with caution. Reporter the stock market has been riding high since the election, and there have been a lot of bets placed on companies in industries that might benefit or be hurt by a trump administration. But the recent surge in small and microcaps shipping stocks have defied a lot of market logic. The question is, what is fueling this parabolic move and traders are offering a multitude of theories on why bulk cargo shippers could be seeing brighter days ahead. Could a Trump Presidency lead to a surge on spending on things like roads, bridges and other Infrastructure Projects if that were to ha
Of them tiny, micro caps, have been surging since last weeks president ial election. Just take a look at dry ships. The stock is up about 1,500 in the past week. Globis maritime soared, and global has climbed 450 . And this performance is even more peculiar, because the sector has been facing a nun of challenges as it deals with global overcapacity and sluggish trade. You may recall, the bankruptcy filing earlier this year of south koreas han engine shipping. So whats going on . Dominic chu takes a look at some theories and why investors need to proceed with caution. Reporter the stock market has been riding high since the election, and there have been a lot of bets placed on companies in industries that might benefit or be hurt by a trump administration. But the recent surge in small and microcaps shipping stocks have defied a lot of market logic. The question is, what is fueling this parabolic move and traders are offering a multitude of theories on why bulk cargo shippers could be s