Thursday, February 11, 2016

This Global Economic Indicator Hits A New All-Time Low! Part 2

It was only one month ago, on January 16th, that it was reported the Baltic Dry Index or BDI had plunged downward through the 400 level for the first-time ever!

Now, on February 10th, it has broken through 300 to a level of 290.

The collapsing BDI is a sad reminder of the cluelessness of global central banks that are pushing interest rates negative, except of course for the ultra-clueless US Federal Reserve that has actually raised them!

Read the article 'Another Negative Century Milestone, 300, Pierced By The Baltic Dry Index (BDI)!' here.


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