World’s Largest Shipping Line Says Brace For Terrible 2019!

Is there anything happening in the global economy that we should be concerned of? Or just a couple bumps in the road?

Things aren’t looking good in the shipping industry. Even the world’s biggest shipping link has cautioned preparation for a 2019 even worse than 2018. This applies not just to this one particular company but seems that the global economic slowdown in pervasive. It’s not one country that is affected. It’s everywhere. But the financial media is focused on Wall St exclusively. Big mistake.

Maersk shares plunge on slowing economies and trade tensions – BNN Bloomberg

www.bnnbloomberg.ca/maersk-shares-plunge-on-slowing-economies-and-trade-tensions-1.1217632

bc-maersk-shares-plunge-on-slowing-economies-and-trade-tensions.png (1200×675)

www.bnnbloomberg.ca/polopoly_fs/1.1217633!/fileimage/httpImage/image.png_gen/derivatives/default/bc-maersk-shares-plunge-on-slowing-economies-and-trade-tensions.png

tradingeconomics.com/commodity/baltic

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Dow Jones Global Shipping Index (USD) – S&P Dow Jones Indices

us.spindices.com/indices/equity/dow-jones-global-shipping-index-usd

Harper Petersen & Co

www.harperpetersen.com/harpex/harpexRH.do?timePeriod=Total&&dataType=Harpex&floatLeft=None&floatRight=None

Markets – Latest shipping index | TradeWinds

www.tradewindsnews.com/markets/