The BDI (Baltic Dry Index) approached the danger zone, that of 2,000 points as the fall continued all through the week. Wets as always volatile and peculiar. The Ukrainian mess and damage for humanity will need, at least a generation to “heal” to all intents and purposes; and there is more to come from the spill over. SHAME! Covid spreads again as politicians’ hallucinations “made” them medical scientists… John Faraclas’ daily and weekly recap:
The BDI lost six points since...
Unprecedented Dry rebound led by the Capes; collapsing Wets amid Geopolitical chaos coupled with Covid’s uncertainty…
What a week that was with the Dry Market reaching …unprecedented levels after a long time; thank you St. George! Wets become a liability for all and Geopolitical Chaos coupled with Covid’s uncertainty will soon rock Planet Ocean. John Faraclas’ daily and weekly recap:
The BDI (Baltic Dry Index) was up 38 points since yesterday and now stands at 2,788; on a weekly...
John Faraclas
The BDI@1,561; Wets struggle, Geopolitics and COVID freak waves a reality
The falling mode of the BDI (Baltic Dry Index) so far this week, raises many questions. Geopolitics worse than Ariadnes’ Thread – the string which helped her Athenian lover Theseus escape the Labyrinth in Crete after he slew the Minotaur, a beast half bull and half man. Wonder how we can escape the falling Markets and save our fellow citizens on Planet Ocean from the Coronavirus Anathema. John Faraclas’ brief...