Port strike will push U.S. into a recession if it lasts more than a month: Sea-Intelligence CEO

Alan Murphy, Sea-Intelligence founder and CEO, joins 'Squawk Box' to discuss the dockworkers strike that has shut down 36 ports along the East Coast and Gulf of Mexico, potential impact of the strike on the nation's supply chain and economy at large, and more.

[tatianastarcic]

The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

[NguyensChagoyas]

I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

[roddywoods]

Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade Disruptions.

[CeridRobert]

The recession is here, where do investors look at for wealth gains now? mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Something will eventually break if they keep raising interests and quantitative tightening.

[mikehocking]

It already is in a recession the rich get richer the poor get poorer

[eciton]

Money for war and other countries but none for our citizens.

[AustralisNick]

With this port strike threatening to push the U.S. economy into a recession, it's a strong reminder that relying solely on supply chains can be risky. Now more than ever, diversifying your investments into recession-proof assets like Forex, crypto, and commodities can help protect your portfolio. While industries halt, smart investors keep moving. The question is: Are you ready to shield your future? 📊 🚀

[MillenialJoe]

Anyone that just yells "recession" gets into the headlines.

[abstractalien]

This title is ridiculous. The bosses not paying us is what is threatening recession

[trustandbelieve]

Harris black voice: “You better thank a union member “

[andre-le-bone-aparte]

So.... Working Class People Sticking Together - Have REAL power over the economy, wages, and their health care!?

[katherinehoward]

Good lord!! We are ALREADY in a recession 🤦‍♀️

[Vix]

The writing is on the wall, automation will replace more and more workers over the years. The government needs to start taking this seriously and making plans to support the workers displaced by automation.

[AdolfSzymon]

Fantastic video🔥🔥! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

[chrisbrewer]

And when the prices go up, the owners who refuse to pay their employees will say look at what you're making me do. And the boot lickers will blame workers and excuse the corporation.

[jimmyvegas]

We’ve been in a recession for 3.5yrs next is depression

[typeorulz]

It's only a recession if it hits your neighbor, but it's a depression if it hits you.

Nobody gets a 77% raise and most ppl dont make $20 an hour .

[sci-ficat]

Don't try to blame these port workers for a recession when you clearly know we're already and have been in a recession.

[mikeyg]

While CEO pays will increase by 200% with millions in bonuses while us brokies suffer from being employed by greedy corporations that pay just enough to buy some bananas and pay a bill. Smdh