ilmscore | Massive Port Strike Begins: What You Must Know

Massive Port Strike Begins: What You Must Know

Published: 2024-10-02
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
If the port strike is not resolved quickly, prices for bananas, imported chocolate, and cherries could increase.
"if the strike isn't resolved in a timely fashion bananas could get more expensive as well as other Specialty Foods like imported chocolate as well as cherries"
Food Prices
Pending
If the port strike lasts longer than 2-3 months (referring to the 60-90 day supply), car prices could surge again.
"if the strike goes longer than a few months we could see prices surge again"
Automobile Prices
Pending
The port strike's biggest impact will be widespread inflation across the economy.
"I personally think that the biggest impact that this entire Port strike will have is just straight up inflation across the board"
Inflation
Pending
If supply chain disruptions from the strike extend beyond one or two months, further inflation could occur as early as 2025, significantly hindering the Federal Reserve's ability to cut interest rates.
"if we were to see supply chain disruptions past one or two months we could see further inflation as early as 20125 which dramatically would hurt the chances of the Federal Reserve cutting interest rates further"
Inflation & Interest Rates
Pending