Agri-Equities: New All Time High

China now surpasses the U.S. in real economic terms. “Real”, most simply defined, is the production and consumption of actual goods and services with prices ignored. In that “real” process the Chinese economy becomes a receptacle for the resources of the world, tangible and human. Some in the world, like Agri-Equities, that service those needs have benefitted, and will certainly do so in the future. Those that sell to the biggest customers in the world, China, will be the success stories. Top tier Agri-Equities are one of those beneficiaries. Our index of First Tier Agri-Equities, as shown in chart below, is at a new, all time high for the second month. That action was recently confirmed by composite Agri-Equity Index also hitting a new all time high recently.