Barry Parker Commentaries
Feb 2, 2015
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With another equity market swoon- this time coinciding with the earnings season that’s now upon us, the shipping stocks have moved into an uncertain phase and, dare I say it- driven by emotions. For active traders- who operate by sensing the collective psyche of the other guys in the room (which might be a virtual room, but never mind that), these are exhilarating times. For economists and analysts, including the tanker nerds described last week, who crave certainty, these can be maddening times.