China Lending Inflates Real Estate, Stocks, Even Egg Futures
By NEIL GOUGH
MAY 1, 2016
Snip
Chinas 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 countrys hens.
Egg futures have surged by as much as one-third since March, the sort of move that would be justified if investors believed Chinas chicken flocks were headed for an unfortunate fate.
http://www.nytimes.com/2016/05/02/bu...g-futures.html
By NEIL GOUGH
MAY 1, 2016
Snip
Chinas 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 countrys hens.
Egg futures have surged by as much as one-third since March, the sort of move that would be justified if investors believed Chinas chicken flocks were headed for an unfortunate fate.
http://www.nytimes.com/2016/05/02/bu...g-futures.html