Replies to post #19103 on The Rising Influence of Rising Affluence

[10nisman]

Cass Freight index was created just recently in 1995, and is ran by a corporation. No good. Probably inaccurate. Dry Bulk is more closely followed.

Gotcha. So, this is your inch deep into why its junk. Why does the Federal Reserve of St. Louis use the Cass Index if its inaccurate junk?

10nisman, Cass is North America only. Dry Bulk- the world. Big Difference

Thank you for the insightful information. That definitely explains why its junk.