timing is everything

January 8, 2016

Baltic Dry Index Screams “Recession”. No One Is Listening.

Baltic dry index has crashed

Mainstream financial media has pinned this week’s sell-off on China. Proclaiming that it is a termporary mattern and that the US Economy is good and getting better.

China worries overdone

Perhaps. Yet, one doesn’t have to look further than the Baltic Dry Index chart above to realize that we are in deep trouble. The index continues to crash to new lows and is now down a stunning 80% from its October 2014 intermediary top.

This is a rather simple question. If the global economy is doing fine, why are shipping rates collapsing?

I think you know the answer to that question. And that is the situation we are faced with today. Rising interest rates, slowing economy and who could forget, an outrageously overpriced stock market. As has been shows on this blog so many times before.

I wonder how long it will take the stock market to catch up to this fundametal reality.

Baltic Dry Index Screams “Recession”. No One Is Listening. Google

March 11, 2015

Baltic Dry Index Predicts A Global Economic Slowdown

I am scratching my head here (not really). According to most people in the mainstream, political and financial media the US Economy is on fire. At the same time, despite the appearance of this debt driven economic miracle happening in front of our eyes, at least the Baltic Dry Index (the index of global shipping costs) is not buying it.

The index is down 75% in a little over a year and is now hitting levels unseen since 1986. In other words, if this does not suggest a massive global slow down while piercing the bubble of “perceived” economic prosperity, I don’t know what will.

Need more evidence? Fine, how about this. In their biggest drop since May of 2009, Chinese imports have collapsed 19.9% year-over-year in January, missing expectations of a modest 3.2% increase. Their worst miss since the peak of the financial crisis in 2008. So, if the US Economy is so great, why is global trade collapsing? I don’t think it takes a genius to figure it out.

Baltic Dry Index Predicts A Global Economic Slowdown Google

February 9, 2015February 9, 2015

What You Ought To Know About The Baltic Dry Index Crashing.

Baltic dry index has crashed

What You Ought To Know About The Baltic Dry Index Crashing. Google

April 16, 2014April 16, 2014

Baltic Dry Collapses 40%. Signals Economic Slowdown.

No, Baltic Dry is not a tasty Swedish Beer. Baltic Dry Index, a measure of sea freight prices, is now in a technical bear market. Signaling a worldwide economic slowdown. Down 40% in just three weeks and a bone crushing 58% since it’s December 2013 top. This works well with our overall bear market of 2014-2017 forecast. But don’t worry, as mentioned earlier, according to the talking heads on TV the market has bottomed and the Nasdaq is going to 5,000. BUY, BUY, BUY. Cheers.

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