Is this market a bottomless pit? The BDI has plummeted today to 498 points, the lowest level ever. Everyone is wondering when this will end?
Psychology is very pessimistic as ships' values & charter rates continue to decrease every week; some say that the nice part of being a pessimist is that you are constantly being either proven right or pleasantly surprised; let's hope that market will positively surprise us... soon.
CLICK ON THE LINK BELOW TO READ THE FULL REPORT IN PDF FORMAT:
http://www.seanews.com.tr/reports/lion_20_november_2015.pdf
Psychology is very pessimistic as ships' values & charter rates continue to decrease every week; some say that the nice part of being a pessimist is that you are constantly being either proven right or pleasantly surprised; let's hope that market will positively surprise us... soon.
CLICK ON THE LINK BELOW TO READ THE FULL REPORT IN PDF FORMAT:
http://www.seanews.com.tr/reports/lion_20_november_2015.pdf