23
Apr
2008
Posted by John as Market Action
WASHINGTON/NEW YORK (Reuters) - With global tensions over food supplies mounting, prices of world staples rice and corn surged on Tuesday amid strong demand and concerns over slow planting of the new U.S. corn crop.
Meanwhile, the Asian Development Bank warned Asian countries against export controls, and the Inter-American Development Bank said the food-versus-fuel debate had [...]
09
Dec
2007
Posted by John as Market Action
It is obvious that the two countries are moving in opposite directions. That is why global investors continue to be long China and Short the United States.
These trends will only increase in strength over the long term. There will, of course be short and intermediate run corrections to this trend as prices get [...]