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 $^CRB
Another Major Commodity Index Drops To 2009 Lows
Like the CRB before it, the S&P GSCI Index has dropped all the way back to its 2009 lows; will it find support there? Another…
Broken Commodities Continue To Crush Investors
Since breaking key support 1 year ago, commodities have continued to drop, setting a 13-year low today. This post is not one that is going…
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…
Pfff…The Post-2009 Commodity Gains Are Gone The last time we dedicated a Chart Of The Day and Tumblr post to the Reuters/Jefferies Commodity Research Bureau Index…
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…
Economically Key Industrial Metals Complex Breaking Down?
On March 5, we noted that the S&P GSCI Industrial Metals Index was “Hanging On The Precipice” of a major long-term support level. At the time,…
Dr. Copper: Rebound Diagnosis Was Correct…What’s Next? Resolution at 2.95 may shape the inflation/deflation debate On January 14, we wrote a post titled “Dr. Copper Positioned…
Economically Key Industrial Metals Space Hanging On Precipice
The theme of many of our posts and Charts Of The Day during this 1st quarter has revolved around the “D-Word”: Deflation. Whether it’s financial…
Dr. Copper Positioned For Rebound…Or Collapse
Copper, they say, is the only metal with a Ph.D. Given its many industrial uses, the movement in copper prices has, at times, foreshadowed the…