Latest Baltic Dry Index: NO Global Recession Coming
The Baltic Dry Index is often cited by economists as a bellwether of global economic activity
By Lorimer Wilson —— Bio and Archives--August 27, 2011
American Politics, News | Comments | Back To Full Article
The Baltic Dry Index is often cited by economists as a bellwether of global economic activity. The index, which measures the price of transporting raw materials by sea, has now risen by more than 21% from its recent lows and is also up 16% in the last week alone …calling into question the advent of a global recession. [Let us explain.]
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