ActivistPost – Shocking Chart: Sign Of Global Economic Implosion? – 6 February 2015

Logo_activistpost-comMac Slavo
Activist Post

The Baltic Dry Index (BDI) is used by economists and stock traders alike as a leading economic indicator because it predicts future economic activity. The index tracks in US dollars and measures global supply and demand for commodity shipments among bulk carriers including raw materials like lumber, coal, metallic ores, and grains. What makes this particular measurement so distinct from others, according to economic Howard Simmons, is that the BDI “is totally devoid of speculative content” because “people don’t book freighters unless they have cargo to move.”

Read the full story at: / link to article


Comments are closed.