Green shoots or Not quite Green?

  • Dry Bulk Index snapped a multi-week slump. Yay? Not sure

  • Iron ore futures in China rose on Friday (11/25/22)

Yay? Again, not sure.
Seems like if you are the “Big dog” for commodity usage - iron ore, coal, steel and the country is in Covid lockdown, then lots of things need to come together, or, it won’t work. At the very least one something is going to change … the scheduled timeline.