Whoever said learning about futures markets had to be boring? Futures markets are a mystery. Fortunes are made and lost in these markets, yet most people know little about how they work. In Back to the Futures, agricultural economist Scott Irwin explains why its essential to understand futures markets, whether youre talking about grain, cattle, or the largest market of them allcrude oil. These massive markets lie at the heart of our economy, affecting us all. Irwins engaging storytelling style brings the madcap world of futures trading to life, drawing you in by sharing his wild, life-threatening adventures with motorcycles, snowmobiles, race cars, farm equipment, and renegade cows while growing up on an Iowa farm. Back to the Futures will keep you riveted as he explains how to reduce risk in todays intense arena of commodity trading. This unique book brings in other experts as well, such as Terry Duffy, CEO of the CME Group (the largest commodity trading exchange in the world), and Leo Melamed, the man who revolutionized the market with electronic trading. Together, these experts combine their knowledge and experiences to provide clarity on the following topics: Why future markets are crucial for farmers and consumers The critical role future markets play in our financial system The role speculators play in making these markets work And much more Commodity futures trading has become a vital part of doing business in America. So, get ready to learn something newand dont be surprised if you find yourself highly entertained along the journey!
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.