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The Baltic Dry Index - A Harbinger of Bad Things To Come

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By: Glen Asher - Friday, 27 January 2012

Most non-professional investors may only have heard of the rather obscure Baltic Dry Index (BDI) in passing.  In this posting, I will open by giving a brief rundown on what the BDI is and how it is useful for predicting the world's economic performance followed by a look at what has happened to the BDI prior to, during and after the Great Recession.  I'll also take a closer look at what has happened to the BDI in recent months, giving readers the chance to see what may lie ahead for the world's economy in the near future.
 
The Baltic Dry Index is issued daily by the U.K.-based Baltic Exchange which has been in existence since 1744.  The BDI tracks the worldwide international shipping prices of major raw material dry bulk cargoes by sea including grain, iron ore coal and other fossil fuels.  The BDI...

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Glittery cosmetics add glamorous look to your makeup especially in winters. Glittery cosmetics can be used in parties,

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