There has been a 150% increase in the BDI ovewr the last two months or so... does it mean that the Economies are reounding? I dont think so. To me, this looks more of a technical correction from the steep past int he preceeding months... the BDI had fallen to a 22 year low...
It is a matter of time before this consoldiates and resumes it's downward trend.
Clearly, we are nowhere near coming out of the woods
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