You Can’t Gauge the Global Economy Just by Looking at Ships
The Morning Cornella Panama roll-on/roll-off (RORO) cargo ship, center left, and the Grand Pearl Panama, center right, at a port. (Photographer: SeongJoon Cho/Bloomberg)

You Can’t Gauge the Global Economy Just by Looking at Ships

(Bloomberg Opinion) -- Amid the turmoil of the oil-price bubble and credit crunch in 2008, a few analysts and economists discovered something remarkable. An obscure shipping index compiled in the s...
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