Baltic Dry Index is the best economic barometer

Thursday 30 April 2009

SHIPPING is the greatest expression of the commodity market boom-and-bust cycle in 2008-2009 and the Baltic Dry Index is, for many, the best indicator for the world economy, writes Jerry Frank in Cannes

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French economist and global commodities guru Philippe Chalmin told delegates in Cannes that shipping is a pure commodity and the fall of the BD...

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