Professor Mark J. Perry's Blog for Economics and Finance
A loyal CD reader has been "jonesing" for an update on the Baltic Dry Index and Scott Grannis provides an excellent "fix," and also reports on several other shipping indexes. 
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
1 Comments:
The BDI was certainly correct in pre-saging the low in U.S. stock indices and subsequent upturn in early 2009. There seems to be some debate on it's usefulness as a market indicator overall because
"...most companies have moved away from spot shippin and have their ships on time charters."
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