Chicago Mercantile Exchange Selling Rain Futures

American VoicesEconomy ISSUE 46•44 Nov 4, 2010

As of Nov. 1, investors can place money on the chances that it will rain. What do you think?

  • “Finally, I can hedge against my potato-salad-related losses in the event the church picnic is rained out." ”

    Charles Sakes –
    Pastor

  • “I'd like to bet that it will rain sometime this winter. Do you have to be more specific than that, or did I just win?" ”

    Devin Gray –
    Unemployed

  • “I promised my husband I'd never gamble again, but okay, put me down for $500 on it never raining again."”

    Judy Flemming –
    Quality Control Supervisor

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