John Faraclas
Capes sky rock but it might turn sour; Wets struggle and the Drums of War can be heard
The unprecedented rise above the 3,500 points of the BCI can be short-lived once China and others complete their purchases. The BDI (Baltic Dry Index) with 281 plus points since yesterday now stands at 1,527 with the Capes being its greatest contributor. Wets still struggle down the bottom and Geopolitics will soon be under an all-out War… roof. John Faraclas’ daily market brief:
With 1,217plus...