March 27, 2013 at 10:39 AM EDT
Shipping ETF Riding a Wave
The transportation sector is regarded as a barometer for the health of the U.S. economy. The shipping industry is no exception, and the related exchange traded fund Guggenheim Shipping ETF (NYSEArca: SEA) is used as a proxy for the Baltic Dry Index. “The Baltic Dry Index tracks the rates of 23...
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