Over time we have covered a wide variety of topics ranging from family offices to hedge funds, though we haven’t dug into the global commodities markets much, including how Chicago is a magical city that’s not only known for being windy but also creating a gravitational pull that affects the entire world.
Going back in time when the Chicago Mercantile Exchange (CME) was created in 1898 to establish a centralized marketplace for agricultural products, nobody could have ever predicted how the industry along with subsequent technological innovations would lead us to where we are today. For example, how the Second Industrial Revolution transformed farming and now AI is taking over.
Additionally, with quantum computing taking off and very promising solutions around the corner that can (and we believe will) turn high-frequency trading upside down, we anticipate Chicago changing soon in a variety of ways along with other hubs like NYC.
In particular, looking at the core principles of quantum computing and how such will impact the commodities markets and Chicago as a whole, what happens to the price of both residential and commercial real estate when you don’t have to be centralized near strategic hubs because powerful models/servers eliminate the need for proximity? The power to perform trades at lightning speed regardless of location.
Looking at the future, Chicago will always be the global hub of commodities and will continue to evolve in a variety of ways. And with our Founder, Puneet Rastogi, having spent years in Chicago the city holds a special place in our heart/research.