In the 2008 crisis, the Baltic Dry Index was a publicly visible indicator of a s...

Zigurd on June 24, 2016 | parent | context | favorite | on: The Surprising Relevance of the Baltic Dry Index

In the 2008 crisis, the Baltic Dry Index was a publicly visible indicator of a semi-hidden crisis: Letters of credit stopped abruptly, therefore so did bulk shipping. Watching BDI as some kind of general purpose crystal ball will surely be uninformative.