Over the last two days shares of Diana Shipping (DSX) and DryShips (DRYS) are up more than 30 percent and 122 percent respectively even as shipping prices for raw materials measured by the Baltic Dry Index (via wikinvest) hover near record lows. If you're looking for a chart to show how weak the global economy has become, just look at the BDI. The good news for shippers, however, is that it can't get much worse and a rebound in commodity prices spurred by the Obama Administration's pledge to build massive public works projects appears to be jumpstarting a near-term recovery.
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Try Acai berry of 2:24AM March 19, 2010
jsomer of 3:53PM December 09, 2008