In this analysis we breakdown certain inflation measures that can aid us in capitalizing on longer term trends in various asset classes. The Baltic Dry Index or BDI gives us a real world view of shipping costs. The Index is a measure of the cost to move commodities by the Sea. Therefore, It's a leading indicator for the demand of commodities around the world. The...
Here we mention the baltic dry index which measures shipping costs for raw materials
It's been tanking which suggests demand side issues may be creeping in, as well as supply side issues being resolved
Not consistent with runaway inflation as we show by comparing to breakeven inflation
GRI 2022