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Cotton Through a Distant Mirror

London, March 2011

On October 16th, 2010, the front page of the Wall Street Journal (WSJ) carried a story entitled, “Flashback to 1870 as Cotton Hits Peak”. It included a graphic of the iconic Edgar Degas’ 1873 painting The Cotton Exchange at New Orleans. The article noted that cotton prices had not been this high since at least 1870. We may still have much to learn from the 1870s.

By Hilary Till

http://www.commodities-now.com/cn-march-2011.html

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