#BalticDryIndex = Weekly Update = 07.01.2023 = #BDI $BDI #fintwit

In the first week of 2023, BDI registered a sharp and significant (over 25%) loss and it is concerning. The BDI is often viewed as a leading indicator of economic activity because changes in the index reflect supply and demand for important materials used in manufacturing.

This update is part of the @InvestingAngles Series for US Indices, Volatility and Bonds, Cryptocurrencies and Commodities, Currencies and some Large Cap stocks (follow the link at the bottom).

Previous update:
https://investingangles.com/2022/12/31/balticdryindex-yearly-update-31-12-2022-bdi-bdi-fintwit/

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