John Faraclas
The BDI (Baltic Dry Index) lost 15 points and now stands at 1,267… Geopolitics become more perplexed. John Faraclas’ daily briefing:
The Capes lost 24 points and the BCI now reads 1,963 points… “wonder” why the fall…
The Panamaxes’ BPI also fell down to 1,365 – down 26 points…
The Supras were down nine points and the BSI now stands at 958 points…
Handies too saw heavy losses with the BHSI reading 578 points…
So all in all the Dry market got …wet….
The Wets in an unprecedented triple-digit fall; the last published BDTI (Dirties) and BCTI (Cleans) stood at 1,009 – minus 243 and 666 (…devil’s number?) – minus 147 points respectively. What a fall… CAUTION…
The WTI rising dangerously… the day ended at US$ 47.09…. CAUTION.
Ex
The Geopolitics are going to bother humanity to the worse extend – we will revert before midnight with a full run down. All main issues remain “intact” but a new issue comes up now: Nancy Pelosi in the USA will make waves!
Have a nice evening and remain on guard from actions emanating from Pirates, Terrorists, Criminals and Business Hooligans wherever you are on Planet Ocean!
Expect a very difficult year ahead and we have stressed that in our message for the New Year…
