Financial Geoengineering Anyone?

By Tony Arnold

There are a lot of investment options out there — but have you ever considered weather? The Chicago Mercantile Exchange has, and starting today, you can invest in rain futures. But are you any better at predicting weather than your weatherman?

Jeremy Hobson: The futures market at the Chicago Mercantile Exchange is getting a little bigger today. And as Tony Arnold Reports from Chicago Public Radio, today’s changes give new meaning to making the most of a rainy day.

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