Global Trade Indicator Falls 50% in 2019! Baltic Dry Freefall Over China - U.S. Trade Fiasco!

in #dtube2 years ago


The trade issues continue. We’ve been told there has been much progress while simultaneously being told that nothing has really been accomplished. During this back and forth disaster, global shipping has seen a major freefall. While this can certainly turn around with an agreement between the U.S. and China, right now it looks as though there will be nothing but an extension to the current truce plus some vague acknowledgements of what both sides will need to agree upon. Only time will tell.

Baltic Exchange Dry Index | 2019 | Data | Chart | Calendar | Forecast | News
https://tradingeconomics.com/commodity/baltic
2019-02-09_8-14-55.jpg (890×444)

Free-Falling Freight Rates Spell Trouble For Shipping
https://outline.com/WCNC9U
Stars align for trade deal with China | TheHill
https://thehill.com/opinion/international/429285-stars-align-for-trade-deal-with-china
US-China trade war: ‘winner takes all’ means both sides lose, Beijing’s ambassador to Washington says | South China Morning Post
https://www.scmp.com/news/china/diplomacy/article/2185519/us-china-trade-war-winner-takes-all-means-both-sides-lose
IMF's Lagarde: Oil exporters have not fully recovered from 2014 shock
https://www.cnbc.com/2019/02/10/imfs-lagarde-oil-exporters-have-not-fully-recovered-from-2014-shock.html
Velocity of M2 Money Stock | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/M2V


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True story!
Thanks for sharing with us!

He is good at what he is doing!

Thank you 🙏 again maestro 🍎👏👍

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