The Stock Markets opened in red in the Mighty Continent following the Far East’s fall. Is it the Trade War? Is it Ms Lagarde’s statement that the stock market valuations have been extremely high?
How this will affect the shipping freight rates – BDI etc etc? Are we going to witness another big bang ten plus years after the annus horibilis … err 2008. Let us hope it is just a simple correction, as otherwise…. More in our late night’s Markets recap.
Watch this space!!!!!