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J Mintzmyer Returns

The Business Brew

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Oil Tankers - Are You Thinking About Downside Risks?

The shipping industry has six or seven sub segments. A global recession would hurt containership freight rates, he says. Bill: You don't want to be putting large % of your portfolio into very risky stocks like that. If you're talking about the underlying cash floes and the underlying situation, something like product tankers are not going away ready.

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