faber, chanos, harbinger vs the baltic dry

  1. 6,757 Posts.
    All three of these guys (whose opinions I respect) are currently bearish (or said to be) on China, resources and Australian equities. Stock markets appear to be backing their view, but the baltic dry index (which lacks the speculative element) looks quite healthy - up 11% for the week. Time will tell...


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.