More bad news for markets: Baltic Dry Shipping collapses

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by mtippett | October 15, 2008 at 09:13 pm
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This is an indicator that I've not seen before but it caught my eye on the front page of the Financial Times.

The Baltic Dry Shipping Index covers dry bulk shipping rates and some view it as a proxy for general economic health. The index continues to collapse.

Source: globaleconomicanalysis.blogspot.com

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