PenforPrez
03-24-2008, 12:10 PM
Business Week magazine reports that the Chicago Mercantile Exchange will start futures options for the U.S. job market next month.
http://www.businessweek.com/investor/content/mar2008/pi20080321_522616.htm?chan=top+news_top+news+index _businessweek+exclusives
Basically, investors will be able to bet on whether the economy will gain or lose jobs.
One one hand, it seems like a brilliant idea. On the other, it seems a bit vultureish, does it not?
Paul
http://www.businessweek.com/investor/content/mar2008/pi20080321_522616.htm?chan=top+news_top+news+index _businessweek+exclusives
Basically, investors will be able to bet on whether the economy will gain or lose jobs.
One one hand, it seems like a brilliant idea. On the other, it seems a bit vultureish, does it not?
Paul