Water on Wall Street: Finally, humanity can bet on the future price of water
Chicago-based CME Group launched contracts in September and trading began December 7
Source: downtoearth.org.in
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Wall Street water to be traded as futures commodity joins likes of gold, oil
URL copied Now farmers, hedge funds and municipalities will be able to bet on potential water scarcity. With Chicago-based CME Group Inc all set to launch contracts linked to the $1.1 billion California spot water market, consumable water will now be traded on Wall Street. In a first, water is officially joining gold, oil and other commodities that are traded on Wall Street. Now farmers, hedge funds and municipalities will be able to bet on potential water scarcity starting this week. It remains to be seen if this will enable water users to create a balance between supply and demand...
Source: indiatvnews.com
Detailed text transcripts for TV channel - FOXNEWS - 20130620:20:10:00
Country its manufacturing sector is slowing mightily, and then patrick wolf, big fun manager, he thinks the chinese market is going to crash. he said that in a reuters interview that holds no more weight than just his opinion, but because he has been so savvy on these markets, it carried and weight, and is a china goes, you get the feeling it's sort of cascades and away we go. we have some glowing in nate -- global in that it tour and it looks pretty big. what do you think? >> you're a hell of an anchor, neil neil. >> you think that the fed believes the economy is getting stronger. that's the ...
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