GREY:XEBEQ - Post by User
Post by
tamaracktopon Jul 19, 2021 12:04pm
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Post# 33569458
Just a brief comment, for once
Just a brief comment, for onceObviously, the market is highly rotational.
From growth to value and back again.
I've often posted here, rightly or wrongly, that money wouldn't leave equities to find a safe haven in bonds, because after taxes and inflation, US equities treasuries provide a negative return, even if rates remain steady and yields dont go up.
A ten-year bond will lose 8% in value for every 1% uptick in 10-year rates.
It's obvious that recent headlines are drawing attention that the climate change catastrophe is on us NOW, and the time to take action was YESTERDAY.
In the event that we do see major net outflows from the markets, it seems to me that the clean-energy industry will be somewhat "insulated" because most of the stocks in the industry have already sold of 60%-70%.
In fact, the group may see net inflows for the reasons stated above.
Notice Ballard, FuelCell, and Plug are all up on the day,
We might well be seeing the beginning of a complete reversal of the sectoral rotation that has punished the group so badly over the last 5 months.