Does Baltic Dry Freight Index Lead Commodity Prices ?

March 2, 2010 11:45am by Barry Ritholtz

Interesting parallels between the cost of shipping dry goods, and the prices of those goods themselves. The caveat is the past 2 years have been somewhat aberrational, and we would need to see much longer history:

Baltic Dry Freight Index vs. CRB Index (weekly basis)

Hat tip Bill King

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