“Oil & gas stocks could be worthless within 5 years, says Scottish Mortgage’s Anderson”

Jan 20, 2020 | Markets

Tags: gas, Investments, oil, stocks

This is what could really make a difference to the climate change emergency. Will fund managers and institutions really stop buying shares in carbon producers and invest instead in sustainable energy? If they do, the big bucks involved will dwarf any subsidies that governments might chuck their way to try and get the green vote. ‘Worthless in five years’ is a big call; but then so’s getting Brexit done by the end of the year…

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“Oil markets prepare for lofty prices and restrained supply”

“Oil markets prepare for lofty prices and restrained supply”

Mar 11, 2021 |

Plus ça change and tout ça. Many thought a positive by-product of Covid might be the fuller-throttle demise of fossil fuels. Alas no, looks like supply and demand alone won’t  make all of us and our friends electric. Even though Trump won’t be reopening the coal mines...

“Markets in V-mode: vaccine hopes, Biden bounce in play”

“Markets in V-mode: vaccine hopes, Biden bounce in play”

Nov 17, 2020 |

It was interesting to look at the winners and losers in last week’s stockmarket Biden Bounce and Vaccine V. Cineworld led the charge, up 50% together with Stagecoach, National Express, Trainline and the airlines, Gym Group and property companies all by more than 30%....

“Biden bounce sends global markets racing”

“Biden bounce sends global markets racing”

Nov 11, 2020 |

So we’ve had both the Biden Bounce and Vaccine V this week as ‘stock markets around the world added £billions to the value of shares’. Guess they, like all of us, are desperate for some good news. I almost found myself excited about the return of ‘Strictly’, until I’d...