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Baltic Dry Index


ericd1
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Checking on the Baltic Dry Index this morning I noticed it's jumped quite a bit over the last two months--from a July low of 1,700 to 2,940.

 

SEA, The Claymore Shipping ETF is up 10% and Seaspan is up 22% over the same period.

 

Appears the global economy is strengthening!

 

 

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