Why Did the Baltic Dry Index Collapse? Here’s Why
The Baltic Dry Index is generally viewed as a leading indicator of global
economic activity as dry bulk primarily consists of commodities such as building materials, coal, metallic ores and grain. My research, however, indicates that global manufacturing demand has very little to do with it but, rather, Chinese manufacturing demand – but not the actual level of manufacturing as measured by the CFLP Manufacturing PMI. [Let me explain.]
So says Prieur du Plessis (www.investmentpostcards.com) in edited excerpts from his original article* which is of such a nature that, as editor editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!) I present a live hyperlink directly to the article rather than providing an edited ([ ]), abridged (…) and reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.
*http://www.investmentpostcards.com/2012/01/23/baltic-dry-index-%e2%80%93-sell-off-overdone/
Related Articles:
1. Abandon Ship! Baltic Dry Index on the Rocks of a European Recession
There has been an alarming development for the obscure, yet instructive Baltic Dry Index…[which] tracks the cost of shipping major raw materials (iron ore, coal, grain, cement, copper, sand and gravel, fertilizer and even plastic granules)…It is down 48.4% in the last month…[and] down 54.4% in the last three months. [Let me explain why and how to invest accordingly.] Words: 200
2. The Baltic Dry Index: Why You Should Use It and How to Do So
The Baltic Dry Index is, in my opinion, the best leading economic indicator to follow when the media is telling us the economy is looking great one week and then predicting a double dip recession the next. Let me explain. Words: 933
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Short URL: http://www.munknee.com/?p=32916
Posted by Editor on Jan 29 2012, With 0 Reads, Filed under Economic Overview, Economy. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.
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