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UK: Warmest Summer on Record
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Author UK: Warmest Summer on Record
HenryTo
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PostPosted: Mon Jan 01, 2007 1:50 pm    Post subject: UK: Warmest Summer on Record Reply with quote

UK: Warmest Summer on Record

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2007/01/01/uweather.xml

Quote: "And in Europe, some ski resorts found that record temperatures meant it was too warm even for artificial snow machines to work."

Two things: Less foreign tourists going to skiing trips in Europe will put a little bit of pressure on the Euro. But more importantly, some of these skiing resorts may represent very good investments if/when the owners become convinced that warm temperatures are here to stay. The next stage is to set up a MarketThoughts Skiing Resort Private Equity Fund.
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