Market turmoil is leading to more and more investors turning to agriculture ETFs and exchange traded notes (ETNs), reports Hannah Glover for Ignites.
Especially in places such as China and India, a rising middle class is using that extra cash to splurge on more food, cars and other consumer goods. But many are wondering, too, if agriculture is going to be the next big bubble to burst.
Bubble or not, you can protect yourself on the downside by watching the trend lines. When your holding drops below its 200-day moving average or 8% off its high, it’s time to let it go.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.