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

America and Energy Indepenence

The biggest problem with importing oil is it hurts our manufacturing sector...the last three or four administrations have claimed massive blocks of oil rich land and labeled them Wildlife Refuges or National parks.... don’t get me wrong...I absolutely love nature and I think it important to preserve it and the ecosystem that goes along with it. But a good example of the govt. squashing energy