Global Supply Chain Pressure Index rises; Suez and Panama canals affected, China restricts rare-earth exports, heightening short-term goods inflation concerns.

🌍 Global Supply Chain Pressure Index rising.

“Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.”

Not good for short-term goods #inflation.

H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1

— Alex Joosten (@joosteninvestor) December 21, 2023

🇨🇳 China Bans Exports of Some Rare-Earth Processing Technologies

China accounted for more than two thirds of mined rare earths last year, and still hosts about 85% of global refining capacity, according to US government figures. The country also dominates supply of rare-earth…

— Win Smart, CFA (@WinfieldSmart) December 21, 2023