I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Thursday, October 1, 2009

If the BDI is a Leading Indicator ...

The Baltic DryBulk Index is often cited as a leading indicator. Taking a look at the chart, there is really only one direction that the BDI is forecasting....

.... I will let you make up your mind.

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