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China - Egg futures surge 33% since March as bank lending is up - May 1, 2016

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  • China - Egg futures surge 33% since March as bank lending is up - May 1, 2016

    China Lending Inflates Real Estate, Stocks, Even Egg Futures

    By NEIL GOUGH
    MAY 1, 2016




    Snip

    China’s latest lending deluge has sent money sloshing into unexpected parts of the economy. That includes a financial market in Dalian where investors can place bets on the future productivity of the country’s hens.
    Egg futures have surged by as much as one-third since March, the sort of move that would be justified if investors believed China’s chicken flocks were headed for an unfortunate fate.

    http://www.nytimes.com/2016/05/02/bu...g-futures.html

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