John Faraclas
Dry and Wet Markets tumble; Geopolitics worsening… CAUTION!
The BDI (Baltic Dry Index) fell 20 points earlier on today and now stands at 1,782 losing the 1,800 threshold!!! The geopolitical situation couldn’t be worse… John Faraclas’ daily recap:
The Capes’ BCI was stuck at 3,078 points – no steam left, eh!!
The Panamaxes lost the 1,600 points threshold and now read 1,574 – down 34!
The Supras lost 32 points with the BSI now at 1,127!
The Handies’ BHSI was down 13 – a naughty double...