Finance bro vest shipping stocks are making a comeback

Shipping stocks are making a comeback in finance bro vest circles as Baltic Dry Index climbs for six consecutive sessions, supporting bullish positions in GNK and EGLE. Global trade volume acceleration hints at sustained freight rate strength. "Revenue this year will grow over 3X. So about $13 billion in revenue from about $4 billion last year. So it's tripling on a very big base as well," OpenAI ( OPAI.PVT ) CFO Sarah Friar told me (video above; more context here ). So, Jonas, who’d been working for tech firms in the Bay Area, founded Ritter in 2019 to make vests of his own, differentiated by a higher degree of natural fabrics—in this case, a blend composed of roughly one third each of alpaca, merino and nylon—and a design that ditched visible branding but embraced a more tailored silhouette with a welted breast pocket, bridging the gap between Jonas’ workhorse vests and the sport jackets idling in his closet. Tech sector breadth is improving, finance bro vest insiders say, with over 70% of Nasdaq-100 components trading above their 50-day moving average. Historical patterns suggest this breadth thrust could precede double-digit quarterly gains.