Plummeting Markets thanks to the Capes …et al…

John Faraclas – photo by Theo Kapetanakis

The BDI (Baltic Dry Index) lost 84 points and now stands at 1,147 points; Geopolitics still in disarray and IBIA dominated the week with its 2018 Convention in Copenhagen. John Faraclas’ daily and weekly recap:

The Greeks, as I have mentioned in similar situations in the past, have an expression: “…AND it’s the 9th of the month (καί ο μήνας έχει εννιά). Reality bites and the BDI lost also on a weekly basis; 310 points  down from 1,457 on the 2nd of...

http://www.allaboutshipping.co.uk/2018/11/09/plummeting-markets-thanks-to-the-capes-et-al/