Of square roots and economic indicators

Remember when George Soros warned of an inverted square-root recovery?

Something that might look a little bit like this in fact:

square root

Well, we couldn’t help noticing Danske Bank’s chart showing off the Baltic Dry Index as a potential leading indicator on Friday:

Could freight rates be leading commodities at the moment? - Danske Bank

Because a Danske-Soros combination might suggest this:

Could freight rates be leading commodities at the moment? - Danske Bank

Related links:
Prepare for a wild ride – the WWW-shaped economic recovery
- FT Alphaville
The shape of things to come is probably not a `V’
- FT Alphaville
The anaemic equity rally – FT Alphaville

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