-By Warner Todd Huston
FOX Business Network (FBN)’s Cheryl Casone will report live from the floor of the Chicago Mercantile Exchange (CME) on Friday, October 14, 2011 at 11 AM/CST. Casone will interview a number of Chicago business leaders and CEOs to get the latest on commodities and market moves.
Cheryl dropped me a note to weigh in on why she’s leaving New York City for Chicago for the day.
Why NOT Chicago? The Chicago Metro Area is home to 27 Fortune 500 company headquarters and 34 S&P 500 company headquarters. They make Chicago their home and now Fox Business has made the CME our home. The city is crucial to Fox Business Network in so many ways.
Look at what Chicago contributes to US GDP. While it doesn’t equal New York, at $532.33 billion in 2010, Chicago is a crucial component to the United States. If Chicago does well, America does well.
The CME has been and still is the hub of US commodities trading. From grain to soybeans to cotton to what Americans pay at their table and at the clothing store begins right here. Fox Business has a unique vantage point our competition doesn’t: we are looking out for everyone not just Wall Street traders.
Chicago’s banking sector is of particular fascination. What are they doing New York is not? I am joined Friday by Stephen Calk the Chairman and CEO of Chicago Bancorp who sees a lot fear in lending right now. He also believes mortgage rates are in store for some volatility.
Personally I love coming to Chicago for the amazing food! From pizza to steak I always bring my running shoes to burn those calories. My good friend Chris Artinian (CEO of Morton’s The Steakhouse) is coming by the CME as well Friday to talk business at his chain and of course food.
Be sure to tune in Friday –DISH Channel 206; DIRECTV Channel 359.
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“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
–Samuel Johnson
Warner Todd Huston is a Chicago based freelance writer. He has been writing opinion editorials and social criticism since early 2001 and before that he wrote articles on U.S. history for several small American magazines. His political columns are featured on many websites such as Andrew Breitbart’s BigGovernment.com, BigHollywood.com, and BigJournalism.com, as well as RightWingNews.com, RightPundits.com, CanadaFreePress.com, StoptheACLU.com, AmericanDaily.com, among many, many others. Mr. Huston is also endlessly amused that one of his articles formed the basis of an article in Germany’s Der Spiegel Magazine in 2008.
For a full bio, please CLICK HERE.