Sunday, October 26, 2008

`Biggest Bubble of Them All' Is Globalization: Chart of the Day

Oct. 24 (Bloomberg) -- The 90 percent tumble in the global benchmark for
commodity shipping costs since May exceeded the Dow Jones Industrial
Average's plunge during the Great Depression, signaling globalization is
``the biggest bubble of them all,'' Bespoke Investment Group LLC said.

http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=asRq2L_zxsS0

No comments: