many have seen, wrote even more about the alarmic behavior of the freight cost index. usually the thought continues with, what's between BDI, Chinese stocks and raw materials are very tight correlation. and we also have China, Sorry, lost a quarter since the beginning of the year.
but just looking closely at comparing Chinese to BDI, everything seems not so straightforward and obvious anymore. the same will happen if you look at BDI and individual groups of raw materials. IMHO, the most worthwhile conclusion that can be drawn from the graph below, this is what, that when the BDI crashes, this means, that Shanghai is no longer far from the lows.
in discussing an initially primitive idea, no idea can be born that is fundamentally different for the better according to the criterion of pritivism. that's why, do not make long-term conclusions from the above.