Wednesday, January 20, 2016

Zombie ships send maritime freight into worst crisis in living memory Cheap debt, the China slowdown, and a glut of ships have seen the Baltic Dry Index plummet to its lowest level in more than 30 years

Monday, January 18, 2016

Sunday, January 10, 2016


  • The whole world is on edge “again” so global stocks had a miserable start to the year – the worst ever.

  • Fears of a wider Sunni-Shia conflict are increasing

  • North Korea keeps rattling nukes, and South Korea put its military on alert

  • America’s economy added 292,000 jobs in December, better than expected.

  • Inflation in the Eurozone is unchanged at 0.2%. Forecasters had expected a rise.

  • Sweden, also battling low inflation, has a benchmark interest rate of -0.35%.

  • Car manufacturers in the US had the best year “ever” – selling 17.47 million vehicles.

  • YoY Coal Rail carloads are down 35.3% YoY

  • Our opinion of Dow Theory is currently bearish. IT will return to a bullish stance if the Dow Industrials close above 17919 “and” the Dow Transports close above 8292.

  • The next short term S&P Cycle low should show up around Jan. 22 - perhaps!

  • The S&P Vix Ratio is in green territory - perchance it’ll get a bit greener?

  • Brazil's inflation rate soaring to 10.7% a 13-year high

  • U.S. home values gained $1.1 trillion; renters paid record $535 billion in 2015 T .
Charts are up-to-date