but if you look at the dd,,,,,,,,only the Capesize ships are making a killing,,,,everyone else is nearly starving to death. these momo's work great in a bull market,, but in a bear market most of the bulls would be bankrupt about now.
the funny thing is FREE and other handysize ships have NOT gained ANYTHING ytd on the bdi dayrate.
capesize +300% & panamax ships +50% rise in day rates since jan, supersize+ handysize 0%!- per live quotes
i live in a taxfree world,,,,,,,,,,so the debt bubble is more your problem than mine. (most of the wealthy also live in a near taxfree world too-----------its all about the loopholes and planning ahead. 48 and loving it!
left to right, the bond market isnt getting better,,,,,debt we cant pay are being pushed into these long dated ones......so if you take your age and add the date of debt it tells you the quality of your life then. ie,, if you are 45 now and look at the 20yr trending down as it gets packed more and more with garbage you then know that you cant expect more than garbage when you are 65. the market goes up in hopes of finding anything that dont become a crash and burn investment. bond traders are gamblers,,,,,,,american debt is unlimited,,,,,the usd has a finite amount of actual bills in circulation.