This article is horribly economically ignorant: http://www.businessinsider.com/baltic-dry-index-suggests-recession-fears-overrated-2011-8
It suggest that the recent 16% in the Baltic Dry Index is forecasting improvement to worldwide economic conditions. This is nothing but Keynesian wishful thinking. Government debt crises all over the world coupled with very high unemployment and massive quantities of fiat money printing will sink economies from here. I like Safe Bulkers, but you will be able to buy it much cheaper than today.
It isn't done going down.
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