A key index of global shipping prices is nearly 50% below its previous record low level. We swore we wouldn’t devote any more Charts Of…
Tagged Baltic Dry Index
Global Shipping Rates Run Aground
A key indicator of shipping rates just made an all-time low. With speculation running wild surrounding the first potential rate hike in 9 years at…
A Ray Of Light From Global Shipping Index?
The Baltic Dry Index has doubled from its February all-time lows. On January 30, we wrote a post on the Baltic Dry Index (BDI), a composite…
This Global Economic Indicator Just Hit A 30-Year Low
Our post and Chart Of The Day on Tuesday focused on the 5-Year Breakeven Inflation Rate. The impetus for mentioning it was due to the…