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The Baltic Dry Index Decline Accelerates

The Baltic Dry Index, a real time economic indicator of world trade continues to disagree with the myriad of Government polished data. I've noted for a over a year now how the BDI has been diverging from the stock market, and has in fact not even come close to the 60 something percent retracement that the market has been able to muster up. Most of the shipping stocks have also been lagging the general market as well in terms of percentage gains and retracement.

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