The Baltic Dry Index Has Never Crashed This Fast Post-Thanksgiving
by Tyler Durden
ZeroHedge.com
12/19/2014
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. This is the biggest collapse in the ‘trade’ indicator (which we should ignore unless it is rising) since records began 28 years ago…
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