Here's Why The Baltic Dry Index Is Collapsing (In 1 Image)

Tyler Durden's picture

If ever there was a better indication of the malinvestment boom created by an interfering Fed, this is it. As demand for shipping collapses on real slowing in the global economy - markets have "told" shipbuilders to "build it and they will come"... here is a ship-shipping ship, shipping shipping ships.

 

h/t @NMMGreenwich