U.S. Containerized Exports Fall Off the Chart

``Global trade had essentially come to a halt during the Financial Crisis. But by 2010, container export activity began to surge from very low levels and became part of the V-shaped "recovery." It peaked in March 2011 of 1.61. But starting in 2012, month after month, interspersed with signs of false hope, it was beginning to fall apart. And now it has run into a global economy that is wheezing! It's going to get worse. The index hasn't yet picked up on China's devaluation of the yuan, currently at over 3% in two days. More devaluations are likely.''