The Baltic Dry Index: a centuries old window into the economy
Ever since 1744, The Baltic Dry Index has measured the strength of the global economy. By tracking shipments of cargo all over the world, it is an economic bellweather. Jeremy Penn, chief executive of the Baltic Exchange, joins John and Adaora from London to talk about the most important economic indicator you’ve never heard of.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. If you’ve been thinking about making a donation, this is the best time to do it. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. All donations between now and June 30 will be matched 2:1. Will you help keep our newsroom on strong footing by giving to The World?