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techcharter

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techcharter

Re: skidstreet post# 45722

Thursday, 07/28/2011 9:39:34 AM

Thursday, July 28, 2011 9:39:34 AM

Post# of 51799
SkidStreet

The same line of reasoning can be applied to the housing markets in the US. As with the Baltic Dry Index, the housing excess supply is holding back price appreciation. The housing market has another factor holding back prices, demand. And I think lower demand is starting to impact the BDI as the global economy advances at a slower pace. Without having the numbers of tonnage shipped, I would infer that since the BDI has not been able to maintain the 2-3 year rally along with every other market in the world, demand for shipping really is dropping.
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