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Would it be possible to continue the Baltic Exchange Dry Index Series.
It is a useful indicator for commodity business activity, and sentiment.
Hi Ben, I'll see what I can do. The site I was using for data no longer allows downloads. If you know of a site that has historical data on the BDI that I can download, I will be happy to update it. Thanks!
The Guggenheim Shipping ETF (SEA) could be used as a proxy for the Baltic Dry Index.
You can download an Excel spreadsheet from the Guggenheim website at –
Data goes back to June 11.2010, when this ETF started trading.
It would be useful to track this index – it is an important indicator of the Global Economy and how things are REALLY doing – independent of the nonsense spun by the main street media and Wall Street!
Thanks! I will look into it!
The chart at the top, namely the Baltic Dry Index in Gold, is very similar to the M2 Money Velocity chart provided by the Fed, with a lag of 10 years.