Amazon imposing logistics charges on its deliveries: Amazon announced a 3.5% fuel & logistics surcharge for sellers, the latest evidence that corporate America is feeling the effects of higher costs due to the war.
Private Credit losses may be larger then expected: Jamie Dimon, CEO Chase, warned that losses for lender to indebted companies are likely to be higher than feared. This will be a result of weakening credit standards and that sector does not have great transparency or rigorous valuation marks of their loans. he noted that the potential for significant ongoing oil and commodity price shocks, along with the reshaping of global supply chains, could lead to sticker inflation and higher interest rates than markets currently expect.
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