Clean-energy stocks rally hinges on Democrats retaining Senate

How correlation between stocks and political betting markets lays out what’s at stake.

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(Mark Hulbert, an author and longtime investment columnist, is the founder of the Hulbert Financial Digest; his Hulbert Ratings audits investment newsletter returns.)

CHAPEL HILL, N.C. (Callaway Climate Insights) — Investors in green-energy stocks have a lot riding on whether the Democrats retain control of the U.S. Senate after the upcoming midterms.

That’s the conclusion I reached upon analyzing the relationship between these stocks and the odds that the electronic betting markets place on the Democrats retaining control. I found a strong correlation.