I. Supply Chains Under Stress
A. Shortages
1. Semiconductor shortage for the foreseeable future
2. Shipping containers backed up at ports in California and New York
3. Factories in Vietnam can’t keep up because of COVID – low vaccination rate abroad
4. Cost of importing keeps increasing
a. Tariffs are not going away in the near term
b. Shipping containers cost $20,000
5. Every industry seems impacted
a. Grocery stores
b. Dollar Store
c. Homebuilders
d. Auto manufacturers