Baltic Dry Index Continues to Plunge.

Economic recovery? What recovery?


The Baltic Dry Index is continuing to plunge. If there is a global recovery someone forgot to tell the BDIY.

                                (source:bloomberg)

Copper is a good indicator of economic activity and we can see here on this weekly chart that copper is tanking since the beginning of the year. Watch out if it falls below 3.0000

                                (source:finviz)