November 15, 2015

Meanwhile: In Worcester

It looks like someone hit a National Guard Armory in Massachusetts. According to the article the thief or thieves made off with...


Six M4 assault rifles, 10 pistols, and several long guns

That isn't exactly going to arm a brigade but.....Wait...What?

What does that even mean?

The M-4 is a carbine, but it's still a rifle.

Perhaps, by longgun they mean sniper rifles?

"Who knows. It's reporters talking about guns."



In any event,  even correcting for Gell-Mann, this is potentially noteworthy. 

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November 10, 2015

Portents in the Shipping Industry

Maersk is the worlds biggest maritime shipping company.


It's quite common if sailing in Hampton Roads Harbor to see three or more Maersk ships.

The company, presumably knows something about the shipping industry. 


 "We believe that global growth is slowing down,” he said in a phone interview. "Trade is currently significantly weaker than it normally would be under the growth forecasts we see.”


This does not jive with other forecasts, and certainly, with regards to domestic air and ground shipping industry my completely anecdotal and unscientific observations have been of daily box tsunamis. However, the shipping company I work for seems to be benefitting considerably from the explosion in online ordering, and we are spinning up for the hell called "Christmas".  Maersk handles 15 percent of worldwide maritime trade. They have a particularly good vantage point to see things on a macro scale that includes raw materials as well as finished products. They probably should be taken seriously.

I cannot speak to their corporate culture or analytical methods, but in my experience inspecting their vessels in the Coast Guard, Maersk always ran tight ships with highly professional crews. They seemed pretty squared away.

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