Tuesday , May 26 2020
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Tag Archives: Baltic Dry Index

Clarida Picks Up Some Data

I should know better than to make declarative all-or-none statements like this. I said there isn’t any data which comports with the idea of a global turnaround, this shakeup in sentiment which since early September has gone right from one extreme to the other. Recession fears predominated in summer only to be (rather easily) replaced by near euphoria (again). Narrative yes, sentiment maybe, data nope. The vast majority of the economic accounts, anyway. There are a few which might suggest...

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7/2/19: Global Trade Indicators: Tanking

There is no reason to panic about global growth. None. None at all... Source: topdowncharts.com with my annotations Nothing to see here. Because, obviously, structurally and statistically lower growth in trade turning negative on foot of Baltic Dry Index literally collapsing over the last two weeks, while China data and stock markets signals remain negative, is just a glitch...

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7/2/19: Global Trade Indicators: Tanking

There is no reason to panic about global growth. None. None at all... Source: topdowncharts.com with my annotations Nothing to see here. Because, obviously, structurally and statistically lower growth in trade turning negative on foot of Baltic Dry Index literally collapsing over the last two weeks, while China data and stock markets signals remain negative, is just a glitch...

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