Is the Fed Going to High Rates?

Raymond: The fed raising rates was essentially a capitulation. They misjudged the impact of oil prices in another respect as well, i do think. If you're going to tighten in a world that is dealing with growth declines, where global trade is already flat on its back,  you're going to raise rates into that? What is the baltic dry index for osters? Oh, sorry,. It's an index at looks at the about the activity of shipping of dry goods. Thats how you should look at it, as a proxy for global trade. Anson all time low. And i don't know how it comes out, and I don't know