The cure to record prices
John Michael Riley
I think all marketing economist have, at some point, been told the saying that nothing cures high prices like high prices. I attempted a quick search for whom to attribute this line to with no answer (FYI: the search terms “cure”, “high”, “prices”, and “quote” will fill your results with stock market quotes for the Direxion Daily Healthcare Bull 3X Exchange Traded Fund). Many might argue that live and feeder cattle futures, and more recently cash feds and feeders, have been “cured”.