Baltic Dry Index 101

Description:

Despite its importance in signaling current global growth trends, the Baltic Dry Bulk Index is hardly talked about by financial media pundits.
The Baltic Dry Index is an index covering dry bulk shipping rates and managed by the Baltic Exchange in London.
The Baltic Dry Bulk Index is an assessment of the price of moving the major raw materials by sea. Taking in 26 shipping routes measured on a timecharter and voyage basis, the index covers Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain.
Basically, it is an index, which signings how global trade and growth is currently fairing. And with the index down 14 consecutive days in a row, many market participants feel that global growth is indeed slowing.

Most Viewed Portfolios

View All

Articles

5 Breakout Stocks Under $10 Set to Soar

10.31.14 | 02:13 PM

DELAFIELD, Wis. (Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading for under $10 a share don't experience m...

Sell These 5 Scary Stocks Before It's Too Late

10.31.14 | 10:31 AM

BALTIMORE (Stockpickr) -- It may be Halloween, but some of the scariest stuff you see today might be in your portfolio. Must Read: Warren Buffett'...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter