Will the Downturn in the Baltic Dry Index Lead to a Correction in the S&P 500? greenfaucet

Will the Downturn in the Baltic Dry Index Lead to a Correction in the S&P 500? greenfaucet: "There's been some chatter on the recent down-turn in the Baltic Dry Index, which has been a rough leader of the S&P 500 at key turning points. Let's take a look at the recent relationship between the two indexes and what the current BDI Index is showing."