There is one area of good new for the economy in the US but it concurrently carries pain for the country as well. It is an agricultural boom. The US is a significant agricultural commodity exporter and all prices are heading much much higher. Corn, soybeans, rice, beef, pork and wheat being the major commodities. Not to mention a major exporter of sulphate of potash and rock phosphate - key nutrient required for crop growth. Then you have most of the major herbicide companies being US based. Herbicide price are set to skyrocket providing export earnings. Oh thats right and we have Monsanto pulling in plant variety payments world over for any farmer using their genetic material. I nearly forgot John Deere controls 60% of the global farm machinery market ...
Someone so smart should have been a little more keen to highlight there will likely be major export earnings growth out of this sector with a lowering dollar.
Its typical of the ignorance abounding even amongst the smartest investors that agriculture is moving centre stage. Make no
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