- February 18, 2019
- Blog , The Portfolio Strategist - Terry Gardner
C.J. Lawrence Weekly – Global Freight Indices Showing Softness
Given China’s voracious appetite for dry commodities, the BDI is considered a good leading indicator of Chinese economic output. The signal it is currently sending is that Chinese economic growth may be slower than consensus forecasts. The BDI reached a 5-year high in July of 2018 but is now dow...