The dockworkers' strike threatens supply chains, while Hurricane Helene caused costly damage.
Devastation from Hurricane Helene, a dockworkers' strike, and escalating conflict in the Middle East all threaten to scramble supply chains and inflate prices.
How much the strike impacts prices depends on how much of a cushion companies have built to deal with any bottlenecks.
Bottlenecks also encourage carriers to raise their prices, increasing retail and consumer goods prices, Kent said.
The hurricane has also disrupted some supply chains, including healthcare supplies and high-purity quartz needed for semiconductor manufacturing.
Persons:
Helene, —, Israel ramped, Douglas Kent, Dockworkers, dockworkers, Morgan Stanley, Kent, Fazili, Lauren Saidel, Baker, she's, Biden, Hurricane Helene, Adam Kamins
Organizations:
Service, Association for Supply Chain Management, JPMorgan, National Economic, Biden, ITR, International Longshoremen's Association —, United States Maritime Alliance, Homeowners
Locations:
Israel, Iran, Hurricane, Lebanon, Maine, Texas, East Coast, Gulf, Kent, West Coast, North Carolina, Florida