TRITON Investment and Financial Performance
$B, Seasonally Adjusted
700
600
500
400
300
200
100
May-92
May-99-
May-00
May-98-
May-97
May-93
May-94
May-95
May-96
May-01
US Retail Inventories
Source: Bloomberg.
May-02
% Change vs Dec. 2019
25%
20%
15%
10%
5%
0% H
-5%
-10%
-15%
do -20%
-25%
INCREASED GOODS CONSUMPTION DRIVING GROWTH IN TRADE
Goods Consumption Up Significantly
T TRITON
Global Trade Volumes Strong
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
US PCE: Goods
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
US PCE: Services
Retail Inventories Historically Low
May-09-
May-10
May-03
May-04
May-05
May-06
May-07
May-08
May-11
May-12
May-13
May-14
May-15
May-16
May-17
May-18
US Retail Sales
US Inventory/Sales
May-19
May-20
May-21
++
لللا
May-21
Jun-21
15.0
Throughput (TEU Millions)
2.0x
1.8x
1.6x
1.4x
5.0
1.2x
1.0x
0.8x
0.6x
0.4x
0.0
0.2x
0.0x
20.0
25.0
CNY
Jan 25th
5%
10.0
Apr '20
Jun '20
Jul '20
Aug '20
May '20
Top 10 Global Ports Throughput
Source: Alphaliner Monthly Monitor.
Sep '20
Oct '20
Nov '20
Dec '20
Jan '21
Feb '21
Mar '21
Apr '21
YoY Change
May '21
7
-5%
-10%
-15%
0%
10%
CNY
Feb 12th
30%
15%
YoY Change
20%
25%View entire presentation