Weather derivatives: Difference between revisions

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{{g}}A great idea, if the idea of hedging the disappointment of ice cream on a cold day in the swaps market makes sense to you — it certainly made sense to those geniuses at [[Enron]], but sadly a couple of weeks after they had the idea the company collapsed.
{{g}}A bonanza, if the idea of taking the disappointment ice cream brings on a cold day and [[hedging]] it in the [[swaps]] market makes sense to you — it certainly made sense to those geniuses at [[Enron]] but, [[eheu]], a couple of weeks after they had the idea their company collapsed, taking the nascent [[weather derivatives]] market with it.  


Meantime, notwithstanding its plainly illiterate spelling, that perennial favourite among sweet-toothed heavy metal fans, Häagen-Dazs, goes from strength to strength.
These days you can buy temperature-linked futures on CME but, for all the breathy Forbes guest contributor pieces about this exciting market that might seek to persuade you otherwise, it remains a bit ''niche''.
 
Meantime, that perennial favourite among sweet-toothed heavy metal fans, Häagen-Dazs, goes from strength to strength.


{{sa}}
{{sa}}
*[[swaps]]
*[[swaps]]

Latest revision as of 16:50, 13 October 2020

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A bonanza, if the idea of taking the disappointment ice cream brings on a cold day and hedging it in the swaps market makes sense to you — it certainly made sense to those geniuses at Enron but, eheu, a couple of weeks after they had the idea their company collapsed, taking the nascent weather derivatives market with it.

These days you can buy temperature-linked futures on CME but, for all the breathy Forbes guest contributor pieces about this exciting market that might seek to persuade you otherwise, it remains a bit niche.

Meantime, that perennial favourite among sweet-toothed heavy metal fans, Häagen-Dazs, goes from strength to strength.

See also