John Faraclas
What a week that was with the BDI falling, Panama Maritime successful conference and perplexed Geopolitics…
The BDI was down five points at 690 earlier on today; it lost though 40 (forty) points since last week’s 730 “thanks” to the collapse of the Capes! The 14th Panama Maritime Conference dominated the week as did the perplexed geopolitics. John Faraclas’ daily and weekly recaps:
The Capes’ falling volatility – minus 44 (18/3), -55 (19/3), – 22 (20/3), – 111 (21/3) and minus 37...