Thanks for the article Aurony...very interesting and I plan to have a better look at this index.
I did see this as well...so will try to do some research to see how this can be used in our environment to our advantage.
GS40
IS THE RISE IN THE BALTIC DRY INDEX A FAKEOUT?
With all the gloomy global economic news, some folks have been taking some comfort in the sharp rise in the Baltic Dry Index, a commonly followed metric of global growth. Superstrategist Ed Yardeni warns against doing so:
The Baltic Dry Index plunged from a record high of 11,793 on May 20 to 663 on December 5. That’s awfully close to zero, which is rock bottom for this index. Maybe that’s why it is up 174% since then to 1815, which is still 85% below the peak