Surging Dry Bulk Shipping ETF Up 40% In Past Month Doesn’t Mean All Is Well
July 19, 2019 at 17:19 PM EDT
An ETF strategy that tracks dry bulk freight futures has surged in recent weeks, along with the jump in the widely observed Baltic Dry Index, but some have warned of global growth concerns that could pressure trade. The Breakwave Dry Bulk Shipping ETF (NYSEArca: BDRY) advanced 38.8% over the past...