Chart Of The Day: Baltic Dry Index Crashes To Lowest In 29 Years!
- Chart Of The Day: Baltic Dry Index Crashes To Lowest In 29 Years!
by Tyler Durden, www.zerohedge.com
Quietly behind the scenes – and not at all reflective of a collapsing global economy (because that would break the narrative of over-supply and pent-up demand) – The Baltic Dry Index plunged over 5% today to 632… That is the lowest absolute level for the global shipping rates indicator since August 1986…
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