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Baltic Dry Index
If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next – OpEd
By Michael Snyder Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead. As you will read about below, the big banks are warning that the price … Continue reading
Not Just Oil: Guess What Happened The Last Time Commodity Prices Crashed Like This?…
By Michael Snyder It isn’t just the price of oil that is collapsing. The last time commodity prices were this low was during the immediate aftermath of the last financial crisis. The Bloomberg Commodity Index fell to 110.4571 on Monday – the lowest that it has been since April 2009. Just like junk bonds, industrial commodities are … Continue reading
