The Baltic Dry Index and the Fed Rate

I think that China's story is a terrible story. The free market, you know, private property revolution in China is being stopped by this president Xi Jinping who really is a dictator. And I'm not sure I believe anything ever comes out of China. But Ed Hyman always reminds me of the Baltic Dry Index. Do you ever look at the Baltic Dry index? It's a very old indicator. It's collapsed. All right. Nancy Tengler, I wanted to get your take on interest rates, not the Fed rate, but the 10-year note, for example, or the five years, $3.98 to 10 years,. $3.76. Your view,