Safe Bulkers(SB) - 2023 Q2 - Earnings Call Transcript

Omar Nokta – Jefferies There are unresolved real estate problems with negative cross-border spillovers as the Chinese economy seems to be losing steam then leading to weaker-than-expected demand. The inflation maybe well below target and the central bank has cut interest rates. Nonetheless, continued weakness in the real estate sector is weighing on investment, foreign demand remains weak and rising and elevated youth unemployment at 20.9% in May 2023 indicates future labor market weakness. India's emergenc ...