All posts tagged "baltic dry index"
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The Baltic Dry Index is Hitting Multi-Year Lows
Recently, the Baltic Dry Index (BDI), which measures changes in the cost to transport raw materials such as metals, grains and fossil fuels by sea, has fallen to its lowest level since 1986 indicating anemic worldwide economic...
- Posted February 5, 2015
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Baltic Dry Index Indicates World Economy Improving
A recent look at the Baltic Dry Index (BDI), which measures changes in the cost to transport raw materials such as metals, grains and fossil fuels by sea, indicates the world economy may be improving.
- Posted December 27, 2013
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Baltic Dry Index Losing Streak
According to Bespoke Investment Group, through Tuesday, the Baltic Dry Index had been down 17 days in a row. The BDI is now approaching the February lows. Source: Bespoke Investment Group ***
- Posted June 24, 2010
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Baltic Dry Index Surges Higher
We’ve seen a few conflicting signs about economic strength lately (i.e., copper prices). The Baltic Dry Index has been viewed by some as a leading economic indicator. Bespoke Investment Group has posted a chart showing the recent...
- Posted May 13, 2010
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Baltic Dry Index is Soaring
Vincent Fernando reports that the Baltic Dry Index is climbing ever higher as China’s stimulus spending generates strong demand for commodities. Source: http://www.businessinsider.com/the-baltic-dry-index-soars-on-voracious-chinese-demand-2009-11 ***
- Posted November 17, 2009
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The Baltic Dry Index and Correlation to the S&P 500
Since 1985 the Baltic Dry Index has had a positive correlation of 0.5 to the S&P 500 (1 = perfect correlation, -1 = perfect inverse correlation). However, year to date the correlation is -0.4, curiously indicating the...
- Posted May 16, 2009