Wednesday, December 24, 2014

World Trade Faltering pre-Christmas? Steepest decline in post-Thanksgiving Baltic Dry Index EVER (recorded history).

Baltic Dry Index down 63% for the year!! It is down to 845!
We are sure it’s nothing – since stock markets in China and The US are soaring – but deep, deep down in the heart of the real economies, there is a problem. The Baltic Dry Index has fallen for 21 straight days, tumbling around 40% since Thanksgiving Day.
Chart Points To Massive Slow Down: “This Is The Biggest Collapse In The ‘Trade’ Indicator Since Records Began”

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