Tuesday, May 20, 2008

Commodity Bubble?

I am on record about a year ago saying the next bubble will be in commodities and the emerging markets. I think it still has a long way to go over a few more years though there could be a dramatic pullback in the interim.


Record-breaking commodities prices that were drawing in hundreds of billions of dollars in new investments threaten to create an asset bubble, broker Lehman Brothers has warned.

And this is just weird.


When it comes to comfort, Kirk Christie's cows have it all — a new barn, a flat-screen television and waterbeds.

That's because of the dairy farmer's philosophy that a happy cow is a productive cow. More milk means more money, so Christie doesn't mind providing the frills.

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