Money Misc.

It’s All About the Milk, Baby

Have you ever wonder why a gallon of milk costs 43% more than a gallon of gas? Ever wondered why you just couldn’t hold down that gallon of milk you tried to drink in under an hour? Well, I have the answer to those burning questions right here: milk is only the most valuable but not-really-that-valuable commodity on the market. You see, according to some guy there is a direct correlation to the production of butter in Bangladesh and the performance of the S&P 500, or at least there might have been one between 1983 and 1993. For every 1% increase in butter production you saw 2% increase in the S&P 500. Check your Bangladeshi economic figures for yourself if you think I am making this up, or tippity tap those keys and do a little searchity search and you’ll find scores of references to this. Known fact it is.

Or you can read this post by a Bangladeshi ex-patriot who returns to Bangladesh only to find no butter there. No butter! As recently as September of 2007! And since then the DOW had dropped -1656.35 (-11.99%), the NASDAQ is down -304.76 (-11.49%), and the S&P 500 has fallen -186.53 (-12.27%). This anecdotal evidence is sure and certain proof that this correlation between milk, butter, and your wallet is a proven fact. Forget an economic stimulus package for America, lets get those people in Bangladesh some butter.

… oh, the joys of data mining. What wonderful things we can do when we search long enough …