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by Constantin Gurdgiev
David Stockman’s Contra Corner
Let’s give another cheer to the repaired global economy… as Baltic Dry Index continues to plough new record lows: the index fell 6.9% in YTD terms and down 38.54% y/y to close at a new record low of 445.0 (4.17% below Wednesday close).
[...] or on longer time scale:
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