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Friday, March 20, 2009
Thursday, March 19, 2009
Traveling...
No post today. Traveling.
Helluva a day yesterday. Plenty to write about, so I will try to catch up tomorrow.
Wednesday, March 18, 2009
Baltic Dry, Global Trade: The Rally in Equities Isn't Real
The Baltic Dry Index (BDI) has been losing steam during this rally in equities. A sustainable trend changing rally in equities would be accompanied by an increase in BDI.
Also, in a real rally, a stock like Dry Ships (DRYS) would participate... or even lead. If the economic situation really was improving, global trade would be improving and this would be reflected in a name like DRYS.
Related Posts:
China, Commodities, Baltic Dry: Pop, then Drop
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