Baltic Exchange Dry Index Forecast Chart
Ready to receive a wake up slap in the face ?
First quarter will be a disaster – there are no car sales happening in #China 🇨🇳 right now. Europe is weak as well:
European car sales -7.4%
– France 🇫🇷 : -13.4%
– Germany 🇩🇪 : -7.3%
– Spain 🇪🇸 : -7.6%— marc friedrich (@marcfriedrich7) February 18, 2020
The -6.3% Q4 2019 plunge in Japanese GDP is consistent with the alarm bells we had rung weeks ahead of the October sales tax hike. Note: even before the coronavirus hit, our indexes had shown no signs of recovery. pic.twitter.com/lbpwbHT19A
— Economic Cycle Research Institute (ECRI) (@businesscycle) February 18, 2020
Cass freight pic.twitter.com/luIrCgGL0m
— Teddy Vallee (@TeddyVallee) February 18, 2020
gold hits 5 year all time high
https://www.kitco.com/charts/livegold.html
h/t TrInItY