This has to go down as the oddest factoid I’ve ever read. Well, maybe not even, but certainly in as long as I can remember:
Cotton futures hit an all-time high overnight but quickly backed off and fell the maximum allowable amount as funds booked their profits. Prices hit $1.1980 a pound shortly after the market opened, the highest point since the Civil War.
Since the Civil War? The Civil War? Then why don’t my Levi’s cost like two dollars in the Sears Roebuck catalog?