Suez Shipping Indicator

"The average increase in the total weight of cargo passing through the canal was 5.7% in the three months to July, down from 9.5% in December. Making a simple forecast based on the past few months' data suggests that world GDP will fall from 3.8% in the first quarter to 3.3% in the second quarter"

from The Economist Daily Charts

Which reminded me that it was a while since I had looked at the Baltic Exchange Index.

So here it is, and it not not reflecting the same trend.

Watch these charts, as they say.