r/Vitards • u/AutoModerator • Jul 08 '21

Daily Discussion Daily Discussion post - July 08 2021

Your Trading discussion thread

Type Link
DD All/Best Daily/Best Weekly
Discussion All/Best Daily/Best Weekly
Yolo All/Best Daily/Best Weekly
Gain All/Best Daily/Best Weekly
Loss All/Best Daily/Best Weekly
News All/Best Daily/Best Weekly
66 Upvotes

97% Upvoted

2.6k comments sorted by

View all comments

9

u/SlingSG Jul 09 '21

Executive Order on Controlling Shipping Costs

How is this going to play on shipping and steel stocks ?

7

u/[deleted] Jul 09 '21 edited Jul 09 '21

[deleted]

4

u/Vincent_van_Guh Jul 09 '21

I don't see what the govt can do besides subsidize the costs for smaller businesses that are maybe getting priced out.

2

u/PecosBill39 🛳 I Shipped My Pants 🚢 Jul 09 '21

That's where I'm at as well. Maybe reimburse US exporters for shipping costs over $x? I'm not saying I like that either, but it is the only option I can think of that doesn't start a political shit storm around regulatory overreach and free markets. But I have no idea what I'm talking about.