Is There a Dislocation Between Where Shipping Stocks Trade and Valuation?

I think there's a big disconnect between how these stocks are priced and how they're performing. But if you look at the S&P 500 valuations, that's far, far above my pay grade. I'm not afraid of 5% inflation, 6%, even 10% inflation. What scares the ship is negative 1%. My environment, inflation, yeah, Fed's going to tighten things up. That would argue very much for a return of fundamentals, mattering in these stocks going higher.

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