Economic recession is coming!

The baltic dry index chart is showing a significant downward trajectory from its recent high of about 1800 to 645 now.

http://sg-stock.blogspot.com/2019/02/baltic-dry-index-645.html

In a nutshell, the BDI is a shipping and trade index of raw materials using different types of vessels.  The BDI has a positive correlation to the world economic growth and reflects the economic conditions.  The BDI is currently having a downward trajectory which means the world trade is declining significantly recently.