Baltic Dry Index

The Baltic dry index is a measure of the shipping trade and it looks like deflation to me. The term disinflation gives in more room to claim success, so inflation means prices are going down. But what this is to me is global trade is really slowing. That's pretty clear. Maybe if we really break the line, if you go back and look at the lowest points,. We're approaching the low point in 2020, but we're not there yet. Right. It'll get things that get interesting soon, I think.