When the clock strikes midnight on October 1, 2024, dockworkers at dozens of ports throughout the United States are likely to go on strike. As of this writing, a strike of some length is a near certainty. And the impact on the United States economy is tough to overstate.
First, the ports involved account for over 50% of U.S. container imports and would come at a cost of $4.5 billion per day to the U.S. economy.
Second, there's inflation. Analysts forecast a strike that lasts for weeks or months could reignite inflation. It could also cause manufacturers to lay off workers at a time when the Fed's rate cuts are designed to keep unemployment from getting out of hand.
This may create difficulty for consumers, but it's also an opportunity for nimble investors. In this special presentation, we're looking at seven logistics stocks that may look particularly attractive if the dockworkers' strike lasts for any extended period.
Click the "Continue to Slide #1" button to view the first company.
