Friday, November 1, 2013

Baltic Dry Index Shows The Global Economy Headed For A Slowdown

While the mainstream media and politicians are telling us the economy is improving…key economic indicators point to a global economy headed the wrong way.
The Baltic Dry Index is an indicator of demand in the global economy. If the Baltic Dry Index is declining, it means the global demand for goods is softening. When you look at the chart below, you’ll see the devastated Baltic Dry Index—the index is saying demand never came back after the credit crisis of 2008.
baltic dry index
Another key indicator for growth in the global economy is the major stock Caterpillar Inc. (NYSE:CAT)—a worldwide company involved in the capital goods sector.  (more)

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