Tag Archives: BDI

20 Reasons Why a Wall Street Panic May Be Close

US Muni bond indices collapsing US State bankruptcy procedures being seriously discussed, indicating bankruptcies are imminent the 7 day SHIBOR (and repo rate) surging to new multi-year highs and has literally exploded from 2.5% to 7.3% in a few short … Continue reading

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Shipping Rates Poised to Plunge 31% on Glut Off Australia: Freight Markets

By Alaric Nightingale – // Jan 12, 2011 10:02 AM ET from Bloomberg A 20-mile-long line of commodity carriers off Queensland, suffering its worst floods in a half- century, means less income for owners already reeling from the biggest slump … Continue reading

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Baltic Exchange Dry Index (BDI) Falls Out Of Cliff

20 day exponential average in red. 200 day exp. avr. green

Posted in Economy | Tagged , , | 17 Comments