Baltic Dry Index: 666

Wednesday, January 28, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/28/2015

Forget The Hindenburg Omen and The Hilsenrath Omen, today we have the real deal as The Baltic Dry Index hits the ominous 666 level – the lowest print for this time of year on record. Of course, just like with oil – this is brushed off as over-supply (not under-demand) and we are sure someone will opine how positive this drastic deflation of shipping rates is for global business… but still – this is the lowest print since September 2012 (and practically the lowest since the recession).

The Rest…HERE

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