The End Game has arrived
Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Summary: Equity markets continue to rally as 'TINA' (there is no alternative) is getting popular as investors are forced to take risk to get any returns as bond yields are coming down globally. The lower yields are transforming a large part of the equity market into bond proxies getting equity valuations that historically have been associated with high growth. We also take a look at the oil and gas industry, and how the latest low natural gas prices are affecting the overall industry's sustainability and profitability. Finally we provide our new climate/green basket of companies that are well positioned to take advantage of the green transformation by governments.