Chicago Mercantile Exchange Selling Rain Futures
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



0

