Marshall: "Now is a Good Time to Consider Futures"

Now is a good time to consider the futures market, said Andre Marshall, president and founder of Crunch Risk, LLC, during Wednesday’s SMU Community Chat Webinar. Hedging price risk can help bring some certainty to the unpredictability brought on by the COVID-19 pandemic.

“Right now, the market is very bearish based on what we are seeing on the ground,” said Marshall. Lead times are short, supply lines are disrupted, scrap prices have plummeted and most businesses are at 70-some percent of prior levels.