Weather derivatives: Difference between revisions
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{{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. These days you | {{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. | ||
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. | Meantime, that perennial favourite among sweet-toothed heavy metal fans, Häagen-Dazs, goes from strength to strength. | ||
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.