My bout with tonight’s insomnia pushes me to do a drive by hit on this thread. With this state of mind I tend to be a permabull – just shooting off optimism after another.
In my mind, the safest stock to hide your money now from the excitability of high volatility would be in agricultural commodity stock called ADM (Archer Daniel Midland). They’re the biggest wheat and corn warehouse processors in these vast lands of America. Their future game plan is to corner the market on ethanol fuels which others might suggest as being copy-cat to Brazil’s huge success on biofuels. Yeah, highly optimistic vision. 100% proof pure alcohol based on switchgrass, maybe agave?, and corn. I feel drunk (or just really sleepy) typing this.
ADM stock would do well in a recession, methinks. To anyone who gets swayed, I am just a plain Stepford wife who looks at a tiny crystal ball bead. Caveat emptor.
