Surveillance

Bridge Collapse Triggers Fears of Inflationary Supply-Side Shocks

Citi’s Hollenhorst sees a harsh reminder for economy after months of calm

Rammed by a ship, the Francis Scott Key Bridge in Baltimore collapsed and bottled up port traffic — and sowed questions about how far-reaching the consequences might be.

Photographer: Al Drago/Bloomberg

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We’ve been getting daily reminders of how much we all depend on the movement of big, heavy objects, especially at a time when more money has flooded into microchips and financial instruments.