The plunge in the Baltic Dry index to multi-decade lows has some warning about a economic...


The plunge in the Baltic Dry index to multi-decade lows has some warning about a economic slowdown and a hit to equities, but a check of the record shows to index has little correlation to stocks. The dive in shipping rates is what it is - a response to too many ships being built over the past years. - but, not much more.
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Comments (4)
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    There is only one correlation to stocks..
    7 Feb 2012, 03:41 PM Reply Like
  • WMARKW
    , contributor
    Comments (10798) | Send Message
     
    How many of these ships were built in Greece I wonder?
    7 Feb 2012, 04:49 PM Reply Like
  • Hyder Ali
    , contributor
    Comment (1) | Send Message
     
    For a novice, what is the one correlation?
    7 Feb 2012, 05:40 PM Reply Like
  • WMARKW
    , contributor
    Comments (10798) | Send Message
     
    I am guessing "stocks".
    7 Feb 2012, 05:53 PM Reply Like
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