For a while, it looked as if a double top was forming in the Baltic Dry Index (BDI). Well, the potential double top formation has been negated as the BDI broke resistance and looks set to form a higher high.
As most of Courage Marine's business is on a per trip basis and at spot rate, a higher BDI is good news for the company. If the BDI continues to rise into winter, it could turn out to be
Showing posts with label BDI. Show all posts
Showing posts with label BDI. Show all posts
Tuesday, October 11, 2011
Saturday, September 24, 2011
Double dip recession or just very slow growth?
Stock markets around the world had a very bad week. Everyone it seems is expecting a global recession and the accompanying deflation.
In a truly deflationary environment, all assets will suffer and see their prices fall. Equities and precious metals were all sold down across the board, therefore.
However, reading an article in Bloomberg, it is interesting to note that in the USA, "railroads
In a truly deflationary environment, all assets will suffer and see their prices fall. Equities and precious metals were all sold down across the board, therefore.
However, reading an article in Bloomberg, it is interesting to note that in the USA, "railroads
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