What the election means for clean energy stocks - a different analysis
What the election means for clean energy stocks - a different analysis
Correlation between stock movements and shifting political odds doesn't match popular narrative.
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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) — A victory by Donald Trump this November would not be the boon to fossil fuel stocks that many investors expect — or the bane to clean energy stocks.
Nor would the opposite be the case if Kamala Harris becomes our next president.
These are not politically motivated observations. They are the conclusion of a statistical analysis of how the stock market reacts whenever the Democratic or Republican parties’ odds of winning move up or down.
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