Baltic Dry Index Shows The Global Economy Headed For A Slowdown

Posted by Michael Lombardi

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Baltic-Dry-Index-EOD-Chart

The Baltic Dry Index is an indicator of demand in the global economy. If the Baltic Dry Index is declining, it means the global demand for goods is softening. When you look at the chart, you’ll see the devastated Baltic Dry Index—the index is saying demand never came back after the credit crisis of 2008.

 Baltic-Dry-Index-EOD-Chart