Some random musings of stock market and economic trends
Saturday, January 24, 2009
Signs of improvement - BDI
Here's the Baltic Dry Index. It got absolutely decimated last year -- decimate is actually quite apropos and the index fell to less than 1/10th of its high. But it has been recovering since early December, up almost 50% from its lows.
Here's Stockchart's version of BDI, on a log scale. The drop is horrendous, but at least the index is improving
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