What changed this week, and what it costs you.

Macro commentary is mostly written for people who trade on it. This is written for people who have to price a quotation, hold a margin and pay for freight next month.

Each brief covers what actually moved — rates, oil, the rupee, consumer demand, the specific Indian numbers — and then the part most coverage leaves out: the first-order effect on an operating business in the next ninety days, and the second-order one over the next eighteen months.