Home / Personal Finance / On Topic / Small Business
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Thursday, September 25, 2008
Small business owners are angry over $700 billion rescue plan, despite the fact they might need it.
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Friday, August 29, 2008
Small business is FOXBusiness.com's On Topic for August 2008.
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Friday, August 29, 2008
A solid benefits package can be an effective tool for recruiting and retaining talent, but offerings can get expensive quickly.
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Thursday, August 28, 2008
There are areas of this economy that are growing and small business owners who are flourishing--here are five strong sectors for small business.
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Wednesday, August 27, 2008
Fewer people on the road isn’t just bad for car companies and gas stations: It’s killing auto-body shops nationwide.
More News
- How Small Biz Can Prepare for the Worst
- Small Businesses Defying the Web Trend
- Small Businesses Forced to Make Big Changes
- Words of Wisdom for Potential Franchisees
- Harnessing the Power of Cloud Computing
- Solving Funding Holes with Non-Traditional Options
- Ten Things Every Small Business Should Know When Hiring an Intern
- What's in a Name?
- Housing Slump Blocks Would-Be Small Business Contractors
- Soaring Inflation Pinches Small Business Owners
Blog List
SmartMoney's Small Business Site
FOX Translator
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No, it's not a dance craze. Contago is a condition of supply and demand, essentially a fancy word to say that prices for items, typically commodities, are cheaper now than they would be at some point down the line.
Anything that¿s sold in the futures market can be in a case of contango. Futures are exactly that: a contract to buy an item or asset at a price in the future. This is the case with oil, with traders buying and selling contracts to acquire a barrel of oil in months down the line. When a market is in contango, spot prices, or the price of a commodity if you were to buy it right now, are lower than forward prices.
Why is that important? Well, it usually tells you the supply of a given commodity is plentiful (since, according to Economics 101, a large supply usually leads to cheap prices).
Incidentally, if you think contango is a mouthful, its opposite condition is known by the equally tongue-tying term backwardation.
