The bottom in this index pre-dated the 2008 implosion by a few months.
It doesn't bode well, but it could be a false negative...
Thu Apr 19, 2012 2:46 pm
Taco
Joined: 09 Jul 2011
Posts: 1111
The Baltic Dry Index hit a 25 year low in January 2012. The latest chart shows it testing January support
levels. Should this index close below January support it would be a strong signal of an economic collapse coming.
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