Geopolitics Alpha

We must tax the wealth of billionaires, not just income. California can lead the way | Ro Khanna

Published . Updated .

Will California stand with the working class or the oligarchs in the vote this November? The Democratic party has a choice to make. Are we going to be New Deal Democrats or corporate Democrats? Are we standing with the working class or the tech oligarchs? Proposition 40, California’s billionaire tax, is the most important ballot initiative in America and a fight for the soul of our party. Rohit Khanna is aUS congressman and attorney serving as the US representative from California’s 17th congressional district Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ZIM———————
MATX———————
DAC———————
GSL———————
SBLK———————
GOGL———————

Will California stand with the working class or the oligarchs in the vote this November? The Democratic party has a choice to make. Are we going to be New Deal Democrats or corporate Democrats? Are we standing with the working class or the…

Source: The Guardian

How solid the shipping case looks

12 out of 100

“We must tax the wealth of billionaires, not just income. California can lead the way | Ro Khanna” scores 12 out of 100. The score uses 1 sources.