Baltic Dry Index Update, Stocks erase Friday gains and more
Posted in Baltic Dry Index, Gold, World Index on Nov 26th, 2007
As I’ve noted here before, the Baltic Dry Shipping Index is often a good barometer of world economic activity and stock market trends. Sometimes it leads, sometimes it lags. In the previous comment on this index I noted a possible double top formation. It looks like that has happened. You can clearly see on the [...]