Friday, August 10, 2012
BDI...AGAIN. Baltic Dry Index In Review
Dayy to day, even week to week movements are not as important as the TRENDS. Can someone astutue out there give me a guess as to the TREND of this indicator for BULK shipping rates for RAW materials....the stuff that goes into making things?
No doubt recent Chinese weakness has effected inports and exports of these large ships. Not an end all to be all indicator, just one of the indcators on worlwide economic health, not something you TRADE OFF OF.
Posted by Marc R at 2:01 PM