There’s an Investment Market for Hurricanes?

The answer is yes. There is an investment market for hurricanes but it’s not a market that the average stock market investor knows much about. It’s called the futures market. This market is found in Chicago at the CME or Chicago Mercantile Exchange where everything from gold contracts to interest rate contracts change hands.

Hurricanes are traded in the form of futures contracts along with other weather products. Although you can’t buy or sell a hurricane, there are other reasons that investors invest money in to these monster storms.

Don’t know much about a futures contract and you can’t think of any possible way that investors could possibly trade a hurricane? Keep reading. We’re going to learn everything we need to know about these futures contracts.

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