Massive supply-chain disruption, zero S&P 500 impact
Houthi rebels attacked commercial shipping in the Red Sea starting November 2023. Container rates tripled. Red Sea transit volumes fell nearly 58%. The S&P 500 rallied +10.2% in Q1 2024 — its best first quarter since 2019.
ALAN INTELLIGENCE
ALAN INTELLIGENCE · alanglobalintelligence.com
ALAN IntelligenceData as of 2026-08-30
Bars: median S&P 500 forward return. Whiskers: 25th-75th percentile. n = 1 occurrences.
Based on 1 historical occurrences. Last triggered: 2023-12-15.
Past performance is not indicative of future results. This material is for informational and educational purposes only and does not constitute investment advice, an offer to buy or sell any security, or a recommendation. Data from publicly available sources believed to be reliable but not guaranteed. All investments involve risk, including possible loss of principal.
alanglobalintelligence.com
ALAN GLOBAL INTELLIGENCE · alanglobalintelligence.comSource: S&P 500 daily closes · Generated 2026-08-30
Historical occurrencesshowing 1 of 1
Date
1M return
1Y return
5Y return
2023-12-15
+1.3%
+28.2%
—
What history says
Editorial commentary written by ALAN analysts. Figures cited below are analyst-authored context — they are not derived from the chart above and may reflect different windows or sources.
Container rates tripled — equities did not notice
Asia-Europe spot rates surged from $1,500 to over $5,500 per FEU. The S&P 500 crossed 5,000 for the first time on February 8, mid-crisis.
Shipping disruptions rarely transmit to broad equities
Inventory buffers and diversified sourcing absorbed the shock before it reached consumers.
Supply-chain shocks create headlines, not portfolio risk
An advisor who moved to cash on Red Sea headlines in December 2023 would have missed a +10% quarter.
For your portfolio
Freight-rate spikes are not earnings events until they reach consumers — container costs tripled while the index posted its best first quarter in years. Should shipping-lane disruption persist, the review belongs with logistics-sensitive and thin-margin importers among your holdings, not with overall equity exposure.
For information and research only. Not investment advice. ALAN does not place trades or execute orders. Figures come from the sources shown and can lag the market; verify independently before making decisions. Past performance is not predictive of future results.
LIVENYSE — · ETFEED MKT · — msBUILD ced8372
ALAN is not a broker-dealer or investment advisor. All data is informational only and does not constitute investment advice. Past performance does not guarantee future results.