9/27/08

Important indicator is sinking


A global recession? The Baltic Exchange Dry Index is tumbling (click on graph to enlarge). There is only one reason. Fewer commodities are shipped. Why? You guessed it. The global economy is slowing down in a meaningful way, as shown in our monthly report "The Global Business Cycle".

More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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