18 Videos of the week – Video-o-rama: Higher bond yields raise caution – Posted by Prieur du Plessis – Investment Postcards from Cape Town
Baltic Dry Index – more than a snap-back rally – Posted by Prieur du Plessis – The Baltic Dry Index – a measure of freight rates for iron ore and bulk commodities – rose non-stop for 23 sessions until Wednesday, before declining somewhat yesterday. This surge represents a gain of 517% from its low on December 5. But one needs to put this in perspective: the Index fell by 94% from its high in May 2008, and therefore still needs to rise by a further 188% to match the previous peak. More importantly, this rise seems to be more than a snap-back rally and points to better economic tidings – Investment Postcards from Cape Town
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Good 11 minute presentation: Crisis of Credit http://www.crisisofcredit.com/ – thanks Ira Artman
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Chart of the Day - The decline in crude oil prices that began in mid-2008 was historic – plunging over $90 per barrel in just eight months. Over the past four months, however, crude oil prices have spiked up nearly $30 per barrel. Today’s chart provides some perspective on the historic decline and recent spike with a long-term view of inflation-adjusted West Texas Intermediate Crude – Chart of the Day
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5 great charts: World Economic Reports (May 29-June 5): looking hard at the bottom – Rebecca Wilder – The global economic reports are becoming saturated with signs of a forming bottom – News N Economics Blog











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