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EPS100Momentum (72.82)

BDI rates will rise ahead of USA recovery



February 08, 2008 – Comments (2) | RELATED TICKERS: DRYS , DSX , EXMCQ.DL

 in 3rd qtr in my opinion, Forecasts are showing the USA GDP will rise dramatically in the 3rd qtr due in part to the rebate checks that the FED. will send out starting in May 2008. As was the case last year bulk shippers were at lows in Jan.- Feb but rose sharply as we started heading into Spring & Summer. This year will be no different, in fact it may accelerate up faster if the current slowdown is deemed mild.

2 Comments – Post Your Own

#1) On February 08, 2008 at 3:00 PM, EPS100Momentum (72.82) wrote:

Here is a link where you can get GDP forecasts as well as many other forecasts.

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#2) On February 08, 2008 at 4:52 PM, DemonDoug (31.33) wrote:

eps, the chart requires a password.

most economists are predicting rebate checks are going to go to debt service, which not only doesn't put money into the economy it actually destroys money in our current system.

I think shipping will hold up, I don't see them having the huge returns they've had in the past few years. 

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