Category Archives: News

Unit 4 Macro: Natural Disasters and their Economic Impact

From tsunamis to tornadoes, from droughts to floods, 2011 was a particularly nasty year for natural disasters in many parts of the world. These natural disasters inevitably have demand and supply side effects affecting not just those countries affected but … Continue reading

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Cocoa Futures Challenging Support Levels

Cocoa futures are holding on to major support levels as the market bounces around the $2,600 level. This is typical price action for commodities after a market has had a sharp sell off. Cocoa prices declined nearly 20 percent within … Continue reading

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Is Gold $10,000 a Possibility or Fantasy?

I’m sure everyone has heard predictions by now of gold moving to $10,000.  The gold market has already proven its strength by moving higher than most people could have imagined 10 years ago.  In markets like this, there is always someone … Continue reading

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Food speculators

To complement Geoff’s entry on World Food Day, here is an article from the Telegraph on the effect of food speculators – more than 450 economists from 40 countries have urged G20 finance ministers to prevent financial speculation in commodity … Continue reading

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