The most bearish chart in the world today.

[manucastle]

The most bearish chart in the world today

Could this be the most bearish statistic in the world right now?

Over the past month, one of the world’s key leading economic
indicators has tumbled in value by 60%.

That’s not a misprint.

I’m talking about the Baltic Dry Index (BDI). It has been falling now
for 27 trading days in a row. That’s since the second week in
December.

So what is the BDI all about? And is this plunge something we should
be worrying about?............................................ ............

http://www.moneyweek.com/news-and-charts/economics/global/global-econ...

[wwasilev]

Hi,

The Financial Times reported on 2/2/2012 an article entitles "Excess dry bulk ships propel charter rates to 25 year low"

The BDI is being distorted by excess capacity due to newly delivered ships.

Regards,

Walter