'The Baltic Dry Index is on a tear, and that means good news for the world economy, not for 'stackers''
Why are increased freight rates necessarily good news for the world economy ? What about the drivers of the freight increases in the current environment ? Supply side and supply chain constraints perhaps ?
The index is a lousy predictor of commodity prices and what is the correlation with the gold price ?
http://materials-risk.com/baltic-dry-index-lousy-predictor-commodity-prices/
As usual someone doesn't let facts get in the way of a ill informed and considered headline and post.
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