News Snapshot:
- The global supply-chain crisis is already easing ahead of the spending-heavy holiday season, Jefferies said. - There are signs "we are past peak pinch," and "significant improvement" will arrive by the middle of 2022, the bank added. - Still, US-China tensions and overwhelming demand stand in the way of a swift recovery. The shipping mess that's making online orders a nightmare is already healing, Jefferies economists said Friday. There are signs that "we are past the peak pinch" on the cargo ship delays, port bottlenecks, and labor shortages that have disrupted worldwide supply chains for months, according to economists...
