Monday, January 10, 2011

The Baltic Dry Index

Here is a look at how shipping, China, and the stock market are inter-related.

Bruce Krasting, from "Seeking Alpha" has this to say about it :

"Shipping is the backbone of global trade. So when a big index like this makes a big move in a short period of time there is almost always a message. But what message? One could easily read the drop in BDIY as a warning sign of a slowdown in global trade. Virtually every other barometer is pointing up. With that in mind, I ask the question; Is the BDIY an outlier, or should we be paying attention to what it is saying?"

Read the whole story HERE

No comments:

Post a Comment