Economic factors, especially Chinese demand destruction and the growth of renewables, are flattening demand and increasing market volatility for fossil fuels.
JPM’s Michael Cembalest explores opportunities as renewables rise, but fossil fuels will too as the population grows.
The problem: Demand in coming decades will fall for fossil fuels, putting debt at risk, Anthropocene institute warns.
Several new specialist managers are making sector, relative value, and fundamentals-based trades to take advantage of current market dynamics.
Renewables won’t take over for a while, the world’s population is expanding, and emerging economies are growing.
After the Lone Star State blacklisted the asset manager over a fossil fuels issue, the firm’s ESG-minded CEO offers big bucks to improve the state's power grid.
The amount of investment needed for this enormous task is $4 trillion yearly, but the effort is gearing up now.
Only to a minor degree, says LPL Financial—goods prices already are low, so there’s a cushion.
The asset manager is investing $550 million in a joint venture with the oil and gas giant’s 1PointFive subsidiary.
The industry will be needed to bridge the long transition to net-zero from now to 2050, JPM says.
Expect higher oil prices, but these likely will not be crippling, strategists say.
Nobody yet knows how to monetize artificial intelligence, BCA Research warns.
Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.
China’s reopening and worldwide lack of infrastructure for raw materials should power the revival, per the firm’s Jeff Currie.
