The recent weakness in the Baltic Dry Index isn’t simply an anomaly. This excellent report out of ICAP details the very serious hurdles that the shipping industry and the global economy face going forward:
Source: ICAP
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.