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@RieonarsI would be wary of deducing global economic trends,...

  1. timber1956
    7,423 Posts.
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    22/11/19
    19:27
    Post #: 41586427
    @Rieonars

    I would be wary of deducing global economic trends, particularly in trade, from the price of freight:

    https://hotcopper.com.au/data/attachments/1845/1845229-ca2a15759847463c44f4fb517a9baef9.jpg
    Over investment in the 2000's and a change in the structure of world trade has left the freight market over supplied.
    https://worldmaritimenews.com/archives/tag/oversupply/

    All the best.


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    lightbulb Created with Sketch.  Great analysis
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