TTI Toy Stock Index Down 22%
Toy stocks, like the stock market, has been taking a beating with the TTI Toy Stock Index down 22%. Toy stocks are, however, faring worse that the Dow which is down 10% for the same period.
Walt Disney Stock Down 47%
Leading the suffering is The Walt Disney Company which has declined 47% over the last twelve months. Also struggling are Walmart (-11%), Hasbro (-11%), Intertek Testing (-32%) and Maersk Shipping (-16%), all down double digits.
Container Rates Down
Container spot rates from Shanghai to Los Angeles are down today, June 22, 2022, 7.7% from June 9, 2022. Shipments to New York (-3%) and Rotterdam (-2%) are down as well.
Cost of Oil is Up
The spot market cost of oil is up 7.7% from our last reading on May 31, 2022.