Sunday, August 19

Five straight weeks of decline on the Baltic Dry



Link from Bloomberg.

2 comments:

  1. I'm not sure we should read too much into the BDI, as the following article explains.

    http://www.businessinsider.com/the-cost-of-global-shipping-is-a-lousy-economic-indicator-2009-5

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  2. Probably not, but it is consistent with the recent falls in iron ore and coking coal; both of which are key Australian exports.

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