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    by steven | 12 Jul 09, 4:25pm

    Next stage of the recession?

    Next stage of the recession? ie an end to the dead cat bounce?....

    "The Capesize Iron Ore Port Congestion Index (a new one for me, I must confess) is replicating the pattern seen a year ago just before the commodity boom tipped over."

    http://blogs.telegraph.co.uk/finance/author/ambroseevans-pritchard/

    You asked for some good indicators a while back...could the "The Capesize Iron Ore Port Congestion Index" be one?

    Oil is dropping again, down 15%, second indicator?

    regards