It’s probably something few of us have noticed, but the price of limes is escalating. There was a time when I could purchase five limes for a dollar and then for two dollars, but that time has disappeared the way of the Brontosaurus. Today, I bought two limes at sixty-nine cents apiece. It’s enough to make me want to drink my vodka without this tarty fruit.
It’s also enough to make me wonder if the world market on limes is indicative of the world market on other things. I mean, does the world market on limes indicate whether the DOW or the S&P or the Nasdaq is headed up or down? For the record, I’ve noticed that the stock market indices have declined as the price of limes has risen.
I haven’t done empirical research on this question, but I’m thinking I might. Of course, the price of limes could simply be tied to supply and demand; but in today’s world where economics is so much more complex, I’m thinking limes are the hallmark of the stock market’s gains or losses.
Let’s just say that on an ordinary trading day the price of limes goes up and the general indices of the stock market go down. Let’s also assume that this trend continues for more than a day, a week, a month. Would this be as good an indicator as anything else that the market is tied to the price of limes?
For the sake of discussion, let’s say it is. What would an investor do?
I’m certainly not qualified to dispense financial advice; but if I were I’d suggest that an investor consider watching the lime report and the stock market report for a correlation. Then I’d take appropriate action to make sure my investments were safe. And, perhaps I’d form an investment company; because if the price of limes is linked to gains or losses in the stock market, you and I would be the first to figure this out.
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