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Tuesday, 1 August 2017

Plenty of sharemarket exuberance

You know you are involved in a sharemarket boom when everyone is getting involved; the market isn't just the domain of mutual funds, superannuation funds and wealth management arms of major banks. Whilst this isn't a new photograph, this Chinese banana vendor in Shanghai trading shares on the side of the road represents the small time trader taking on the corporate traders.


Good luck to him, if he is able generate an income stream from trading and let's face it, if this guy generates an income as a professional trader then he has my respect. Already he generates his living from retailing commodities to the public so it isn't such a step up to actually trading commodities business to business. Albeit, he trades on a smaller scale than most traders of coffee futures, frozen orange juice concentrate, cotton, cocoa, soybean, wheat, sugar or corn but I admire his courage to risk everything to follow his dream.

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