Baltic Dry Index - Moving…
April 13, 2009 at 10:00 AM EDT
The Baltic Dry Index, an index that follows the cost for cargo and goods traveling by sea. During its heyday, it was approaching 12,000 and now it is almost 90% lower. This is usually a good guide to how much demand there is for the global economy and works rather well as a coincident indicator. Notice [...] Related posts: Tides Rising under the Baltic Dry Index ($BDI) Sunday Fun: The Baltic Dry Index Oil Index Set to Fall?