Baltic Dry Index Collapses 50% From December Highs To 5-Month Lows

January 30, 2014January 30, 2014GIHAdmin

We are sure it’s just a storm in a teacup; just a brief interlude before the IMF’s ever-changing forecast for global trade growth picks right back up again and demand to ship dry goods surges back to the inventory stuffed levels of Q4. But, for now, the Baltic Dry Index (admired when it’s rising, ignored when it drops) […]

Baltic Dry Index Collapses 35% – Worst Start To Year In 30 Years

January 10, 2014GIHAdmin

The Baltic Dry Index is one of the only significant indexes of the ‘real’ economy, as it measures the transport of physical goods. While the US stock markets are near their all time highs, the shipment of real physical goods is down 35%, the worst start to the year in 30 years. From Zero Hedge: […]