International Shipping Freight Rates - What Do They Mean to You?

A year ago, house prices are going up 20%, year on year. Now they're minus, small minus, and as we said, minus 5%. So that's changed. The world's changed for housing. Commodities. There's a wonderful chart of commodity prices. It went up and it's coming down. That's interesting because it went up pretty hard after 2010. But it has started to come back down. And supply chain problems are easing to this. I think what's, what are international shipping freight rates mean to me? Well, as an economist who looks at global inflation pressures, we know that one of the supply chain problems emerged during the COVID lockdowns with