Look Out Below, Global Economy! The Baltic Dry Index in Freefall

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Look Out Below, Global Economy! The Baltic Dry Index in Freefall

Remember a few weeks ago, when the Baltic Dry Index was on the ropes? Well, it’s off the ropes – and in complete freefall.  Support has NOT held for the BDI, a favorite leading indicator of many investors.  And one, might I add, that has performed quite well since the equity markets topped in 2007 […]

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Baltic Dry Index Rolls Over, Cries Uncle (and Barks Like a Dog, Too)

Fellow contrarians know that we’ve been following the Baltic Dry Index as a leading indicator of the Reflation Rally for some time now…in fact, we’ve been watching it with a wary eye all the way since last August! Well, topping processes can often be long, drawn out events.  It looks like this has come to […]

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