Print the page
Increase font size

Posted March 26, 2021

Byron King

By Byron King

Ship Happens

Aaron GentzlerHealthy, here, in Florida, says our contributor today. As much as Ive tried, I cant hold back on this subject any longer.

My job takes me across this beautiful country. And recently, I was shocked by a request for me to hit the road -- away from the L.A. sandwich shop where Id just ordered. My Uber driver even wore a cap, a jacket, mask AND goggles.

I myself am in that vulnerable age group, over 60. I try to keep social distance as much as possible, and I take my temperature every morning. I make sure I never sneeze towards another human being.

But I also eat in restaurants regularly, stay in hotels often and travel airlines occasionally. I do not hide in a cave as the powers that be seem to think I should This whole thing has gone way too far!

I have compassion on those business owners who have been forced to shut down because of the demands placed on them by a group of politicians whove fallen off their rockers!

Can we send them to Venezuela?

Send your opinions to, TheRundownFeedback@SevenFigurePublishing.com.

Your Rundown for Friday, Mar. 26, 2021

Ship Happens

If you thought last years toilet paper shortage was bad, says an article at Barrons, just wait for higher shipping costs, elevated oil prices, and a rise in global inflation, all because a massive container ship got stuck in the Suez Canal.

The Ever Given -- which measures about as long as the Empire State Building -- is operated by Taiwanese company Evergreen Marine. It ran aground Tuesday, and has created a bottleneck of hundreds of other ships loaded with oil, liquefied natural gas, and goods from making their way through one of the worlds busiest maritime channels.

The canal accounts for 10% of global maritime trade, Barrons says. The 120-mile Suez Canal is particularly important for Asian shippers, connecting the Red Sea and Mediterranean, creating a quicker route to the West.

J.P. Morgan analyst Marko Kolanovic said in a note that there is a risk of the ship breaking, which could block the Suez Canal for an extended time. He suggests hedging that risk by buying oil, as well as stocks in the energy and shipping sectors.

In other words, take stock in the sectors that took a licking last year as economies across the globe went into pandemic lockdown.

This year? Cyclicals sectors have made a rather stealthy comeback. The Energy Select Sector SPDR has climbed 28% this year, Barrons says. Top holdings Exxon Mobil (XOM) and Chevron (CVX) are up 28% and 22% this year, respectively.

A far cry from April 20, 2020 -- the day the price of oil turned negative -- when they couldnt give the stuff away, right?

Market Rundown for Friday, Mar. 26, 2021

The S&P is up 15 points to 3,925.

Oils added $2.12 to its price: $60.70 for a barrel of WTI.

Gold is down $1.20 to $1,723.90 per ounce.

Bitcoin is up almost 2% to $53,049.38.

Send your comments and questions to, TheRundownFeedback@SevenFigurePublishing.com.

Have a great weekend! Well be back Monday.

For the Rundown,

Aaron Gentzler

Aaron Gentzler

Calling B.S. on Hassett

Calling B.S. on Hassett

Posted May 29, 2026

By Matt Insley

Making Hormuz the headline answer to inflation lets Washington completely off the hook for everything else.
Bullion Shops Are Buzzing

Bullion Shops Are Buzzing

Posted May 27, 2026

By Matt Insley

In today’s special guest essay, Adam Sharp takes readers inside a local bullion shop at the center of America’s silver mania.
The Backbone of American Power

The Backbone of American Power

Posted May 25, 2026

By Matt Insley

Behind every decorated commander, every seasoned officer and every military story that survives the passage of time… there are names that don’t make it into the headlines.
The Reagans’ Secret Advisor

The Reagans’ Secret Advisor

Posted May 22, 2026

By Mason Sexton

Mason traces a hidden thread running from ancient rulers… to the White House.
Massie’s MAGA Test

Massie’s MAGA Test

Posted May 20, 2026

By Matt Insley

Tuesday’s Kentucky primary became something bigger than a House race in a safely Republican district.
DoorDash and Deadly Sins

DoorDash and Deadly Sins

Posted May 18, 2026

By Matt Insley

Silicon Valley preaches the gospel of frictionless living… But at what cost?