which inidcates that we have hit the bottom in the US and on the mend, with Tech stock starting to fly.
I thought I check the Baltic Dry Indicator which is normally a leading indicator for the state of the world economy, since it measures the demand for shipping for raw materials.
The BDI seems to indicate that we are back to the level of June '09 when economies were re-stocking and our friends in supply chain were starting to expedite supplies.
Looks like we are making our way back to early 2007 levels.
Another confirmation that the economy is on the mend.
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