This is a NEW LOW for the BDI since I have been following it, and this can't be good news....a worsening bulk container ship day rate already down over 95%......what gets shipped here is RAW MATERIALS which get made into THINGS.
Dramatic drop in durable goods orders this AM......many keep asking "is this the bottom"
Many think another BILLIONAIRE is smarter than the market and buys more C shares, SLIM SHADY from MEHEEECOOOO.
When the last BILLIONAIRE weighs in maybe we get out bottom.
From above chart is BDI leading gold or....
D
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