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Doubledown75

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Doubledown75

Re: Emptyhead post# 40403

Tuesday, 06/27/2017 11:29:25 AM

Tuesday, June 27, 2017 11:29:25 AM

Post# of 58072
Hey empty head:). Not focusing so much attention to drys, but drys led the direction. From a macro standpoint. Don't look at the individual bulk shippers, but look at the whole bdi picture. Shipping and commodities in the toilet. If shipping rates are depressed, what else can a company do to stay afloat? How do they stay in business? Doing the R/S may piss off shareholders, but are they really doing illegal acts here?
The main reserve currency (US)in the basket, has ultra low rates that affect shipping rates. Also there is a massive trade imbalance (politics)
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