Undoubtedly, we are amidst one of the best rallies seen for many years now in the dry
bulk sector, with many market participants already anticipating a similar trend to take
place during the 2nd half of the year. Both market sentiment and various momentum
metrics support the idea of a “strong” trajectory in the shipping market.
However, under the current tail-risk regime, all this cannot be taken for granted. The recent spikes of the COVID-19 Delta variant spread have quickly reminded us that the recent post-pandemic recovery is still very fragile and at risk of any negative developments. Moreover, the fear of rising inflation can easily shift the monetary mechanisms and transfer
the pressure onto global economic growth.
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Source: CapitalLinkShipping
