Oil stocks were crushed in recent days. There is a small “hope rally” going on. I am taking that opportunity to clean out the last of my oil stocks and move onto greener sustainable investing pastures.
Tag: oil stocks
Oil and oil stocks are crashing as Russia and Saudi Arabia squabble. Russia’s motivation is clearly retaliation against U.S. shale over recent sanctions on Russia. Investors should not expect a quick or deep recovery for most oil stocks. Oil on the other hand holds some promise. Access with membership or a Free Library Card.
A Special Report that I am giving to clients of my investment advisory for the 2020 New Year. Webinar linked. Get access with a Free Library Card.
A couple of months ago, I discussed how the biggest developing trends in the economy were tied to demographics, technology and climate change. More recently, particularly with subscribers, I have also discussed the acceleration of the fossil fuel divestment movement due to the climate change thesis of many fiduciaries.