Investors are starting to get the picture that we will have winter after all. Energy prices soared yesterday, causing investors to worry about consumer confidence. The Farmer’s Almanac offered previously that the winter in the US will be warmer than usual in some places, but more than any other feature would feature great volatility. It’s early, but that’s what we’ve been witnessing.
With natural gas prices this high, some Wall St. genius will no doubt propose a linked ETF to natural gas:
- Other Seeking Alpha Network articles by David Fry.