This Market Sentence is More Fun Than Yesterday's Market Sentence

If you watched Trading Places when you were a kid, you probably didn't understand what happens on the trading floor at the end of the movie -- I certainly didn't . . . you might remember that it has to do with commodity trading and orange juice futures-- but now you can revisit the scene and the other financial aspects of the plot in this 99% Invisible podcast, entitled Episode 84b: Trading Places with Planet Money; Roman Mars interviews some actual commodity traders, reviews the legality of all that happens in the film, and plays plenty of clips . . . and now I have a much better idea of how to "sell high, and then turn around and buy low" and I also understand why they had to insert an "Eddie Murphy Rule" into the Dodd-Frank Bill.

No comments:

A New Sentence Every Day, Hand Crafted from the Finest Corinthian Leather.