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

|About: Baltic Trading Limited (BALT)|By:, SA News Editor

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.