Login / Registrieren

Economic Collapse News - Baltic Dry Index Crashes 80%, Chicago PMI Plunges Deep Into Contraction

Danke! Teile es mit Deinen Freunden!


Du hast dieses Video dislikt. Danke für Dein Feedback!

Tut uns leid. Nur Mitglieder können Playlists erstellen.

Eingetragen von Detlev in User Videos
208 Aufrufe


Economic collapse news February 1, 2020.

First, we look at the Baltic dry index which has crashed over 80% since September 2019. Capesize vessels have dropped 99% which carries large cargos of dry goods. The Baltic dry index is known as a barometer of the strength of the global; economy since most goods are shipped by sea. In a huge surprise miss, the Chicago PMI has plunged deep into contraction for the 7th month in a row. It is looking like Chicago may become the next Detroit at the rate citizens are fleeing the state. The last I saw it was 277 leaving Illinois per day. The Fed survey reveals manufacturing in the Chicago area is producing recession level data, in fact, the last time the Chicago was in contraction for 7 months in a row was the great recession.

Mehr anzeigen

Schreibe einen Kommentar

Du musst Dich Registrieren oder Anmelden , um einen Kommentar zu schreiben.


Schreib als Erster einen Kommentar zu diesem Video