CHART OF THE DAY: DOES THE BALTIC DRY INDEX LEAD EQUITY MARKETS?

Excellent chart here from the Trader’s Narrative blog. Is the Baltic Dry Index foreshadowing the next leg down in the bear market?

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.

He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.