JREwing

Baltic Dry Index Almost Back to Record Highs

And of course financials were dominant in the S&P.

Baltic Dry Index Almost Back to Record Highs

Were you in a different solar system during the last 10 months or so?

Obviously financials were in a bubble, because they gave loans and mortgages to people, who couldn't afford them. (May be I am a bit old fashioned, but when people need to get a mortgage on their house to repair the roof of that very house, they cannot afford the house and on top of that the whole thing goes down with out a down payment.

That's what I call a bubble and that's what led to the credit crisis.

Baltic Dry Index Almost Back to Record Highs

No, guys. The chart shows, that all this time financials were in a bubble. It burst in October and now this chart makes sense again.

Baltic Dry Index Almost Back to Record Highs

The Baltic dry is really impressive. Last week there were two days, when it jumped 3%.

Stock Market Correlations and Media Muck

Very good article. I really think they read the Reuters article copy and paste and then change a few words.