Just when you thought it was safe, the dreaded Baltic Dry Index is returning to a screen near you. In case you have forgotten, the BDI was used by every man and his dog as an indication of risk in the world last October when the world was falling apart. I hadn’t heard mention of it in months but I have now come across two articles on it in the last 24 hours. I guess it is now telling us that all is well and risk is a thing of the past. Not for me thanks.