OpenMarkets

The OpenMarkets Weekly Roundup

Jul 27, 2012 || Anita Liskey || No Comments

Even Stephen Colbert is covering the drought.  Bruce Babcock, a professor of agricultural economics at Iowa State University, made an appearance on the Colbert Report to discuss U.S. agriculture and the drought. He has some good answers for Colbert’s question, “How will the drought affect my life?”

Here are a few other stories from this week related to the drought and other issues affecting markets:

How the 2012 U.S. drought compares to other notable droughts.

The USDA expects your grocery bill will increase in 2013.

Dodd-Frank marks its two year anniversary.

Modern American financial history chart – everything from the 1920’s stock market crash to today’s social network boom.

Most economists actually agree on major economic issues; debates about economic policy are a sham.

Policy makers will do “whatever it takes” to save the euro zone; European Central Bank’s president Mario Draghi raises hopes.