BDRY Breakwave Dry Bulk Shipping ETF Loading... : Bullish and Bearish Analyst Opinions

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05:25
Jun 22
Khalid Hashim Managing Director, Precious Shipping Bloomberg Markets
Supply constraints keep dry bulk rates strong.
Dry bulk freight rates will remain very strong for the next three to five years because the supply side of ships is running neck and neck with the orderbook, with no meaningful difference between the existing fleet and the forward order book, limiting fleet growth. China's iron-ore buying pattern adds short-term volatility but does not change the long-term supply constraint.
BDRY 1ST
MED
19:31
Apr 13
John Kartsonas Managing Editor, CoinDesk Bloomberg Markets
Shipping ETFs are uncorrelated assets with high returns.
Bullish on shipping ETFs like BWET and BDRY as they are uncorrelated assets that can produce high returns, especially in current geopolitical conditions with supply-demand dynamics in tanker shipping.
BDRY 1ST
HIGH

About BDRY Analyst Coverage

Buzzberg tracks BDRY (Breakwave Dry Bulk Shipping ETF) across 1 sources. 2 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (100%). 2 total trade ideas tracked. Latest voices: Khalid Hashim, John Kartsonas.