PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 27th Nov 2008, 14:25
  #1357 (permalink)  
SilveR5
 
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BDI

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Unlike stock and commodities markets, the Baltic Dry Index is totally devoid of speculative players.
This index can be used as an overall economic indicator as it shows where end prices are heading for items that use the raw materials that are shipped in dry bulk.
I totally agree..absolutely correct evidence-base!

BUT ... this is only for today and tomorrow...& it's not an accurate indicator for what could happen on the long run


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