Baltic Dry Index, the measure of sea freight prices, keeps crashing lower to the levels unseen since the summer of 2013. Signaling a worldwide economic slowdown. Down 31% in just two weeks, the index is just a few clicks away from a technical breakdown. This works well with our overall stock market premise. Despite governmental claims of accelerating worldwide economic growth, at least the BDI is not buying it.
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What You Ought To Know About The Baltic Dry Index Crash Google