Baltic Dry Collapses To Worst Start To A Year On Record

"If you listen very carefully, you will still hear absolutely nothing from any talking-heads of the utter collapse that the last few weeks have witnessed in the Baltic Dry shipping index. The Baltic Dry has dropped 12 days in a row and plunged back to $1061 - its lowest since August 2013. This is the worst start to a year on record... must be the weather.

The Baltic Dry has dropped 12 days in a row and is now back to its lowest levels since August 2013... and almost post-crisis lows..."

at http://www.zerohedge.com/news/2014-04-09/baltic-dry-collapses-worst-start-year-record