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C/F/738. Assess the extent to which the ‘Baltic Dry Index' can be used as a leading indicator for the global economy.
- WORDS:
- 970
- DATE:
- 2010
- PRICE:
- 9.99 GBP
The paper looks at the Baltic Dry Index (BDI) used to measure the supply and demand for shipping commodities, i.e. building materials, coal and oil, etc. BDI history and stock market movements are examined highlighting BDI advantages, comparing it to the S&P 500 index and evaluating BDI forecasting abilities.
KEYWORDS: Baltic Dry Index, BDI, stock market,
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