Macro Economic Views

This is a chart of the Dry Bulk Index, which is the cost or shipping rates for ocean going bulk ships. A drop in prices shows the macro economic view or demand for shipping.

As you can see, recently we've seen a downturn n the dry bulk rates meaning there is less demand as rates come down. The primary trend for sometime has been down. Just another piece of the puzzle.

You can find the link at Trade Guild for "Baltic Dry Bulk Index" or here http://www.bloomberg.com/apps/quote?ticker=BDIY:IND