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May 2009

BDI to face downward pressure

As I have discussed in great detail in my TheStreet.com articles; I believe the recent rally in the Baltic Dry Index (BDI) cannot be sustained, and we are likely to see a pullback in the index; along with dry bulk shipping and mining sector stocks. The BDI’s rally has been driven almost exclusively through China’s […]

TheStreet.com

I just wanted to let everyone know that I have also started writing for TheStreet.com, and my articles can be found here:http://www.thestreet.com/author/1145075/michael-mcdonough/all.html