Baltic Dry Index Drops Another 1.9%, Hits 1,795

BDIY was 1830 yesterday. It is now down 1.9% to 1,795. it would be only fitting if the index closed the year below its 2010 lows of 1,700. Would go well with year wides in sovereign risk, with gold at near all time highs, and with stocks at two year highs. Carry on.