In the financial world, commodities refer to some tangible product where the supply fluctuates based on usage and/or seasonal conditions. If weather conditions look to damage the supply of oranges, then the price of orange future contracts will rise. Popular commodities include that of grain, wheat, and other agriculture crops. Oil and metals are also [...]
While 2008 was a bad year for many people’s retirement and investment accounts, the crash spawned a bunch of new books and equally rich authors in 2009. USA Today recently put together a list of the year’s best business books that try to make sense of the financial crisis. The selection includes books that point [...]
Could you imagine making $20 billion in the stock market BETWEEN 2007 – 2009? Well if you were smart enough to bet against the housing market, it could have been more than a wish. That’s exactly what New York hedge fund manager, John Paulson, did. Here’s a brief excerpt from the related WSJ article. His [...]