Trump looks to win, and the NWO will pull the plug. As it is, Nikkei was toast today and yesterday. BDIY is under 300 and falling. See dryships.com. Global trade is collapsing.
Our PPT comes in with titanium struts, but hey. All is well! The economy is fine!!!
While the Nikkei is an issue, the Baltic Dry index is not. Here is why:
The BDI is based on the availability of vessels to match cargo. Let us assume 10 vessels, and 11 loads of cargo. The BDI will go up greatly because of the shortage of carriers. However, let us assume 10 vessels, and 9 loads of cargo. The BDI will sink.
There has been a great overbuilding of vessels lately, so the BDI is not a good analysis of anything. Better if we had a raw tonnage-needed number.
I think that once Trump’s future looks healthy, we will see a spike in positive trade news. People will have hope, and will be optimistic. Have to admit that I’m not savvy re the market, but Trump is so “up” on economics.