Cheap Agriculture over?
Today is November 8 and I am watching Surveillance Midday with Tom Keene. His guest is Ann Duignan and she is heavy equipment analyst or something very close to that. Interesting discussion, enough so for me to run this chart.
With the Federal Reserve printing money, agricultural exports will increase in both quantity and price. MOO is trading with a hefty premium to the market, will the divergence continue? If so how much and for how long? I would put my money in the market (SPY) before MOO. I am also very nervous about missing a huge run in the agriculture sector.
With the Federal Reserve printing money, agricultural exports will increase in both quantity and price. MOO is trading with a hefty premium to the market, will the divergence continue? If so how much and for how long? I would put my money in the market (SPY) before MOO. I am also very nervous about missing a huge run in the agriculture sector.
Posted by Bradley Fluetsch at 11/8/2010 8:31 AM 
Categories: Speculation
Tags: Ann Surveillance CAT farmers Tom Keene agriculture Midday MOO Duignan QE. 2 land Bloomberg
Categories: Speculation
Tags: Ann Surveillance CAT farmers Tom Keene agriculture Midday MOO Duignan QE. 2 land Bloomberg
Excellent read, I just passed this onto a colleague who was doing a little research on this topic.
Reply to this