He also believes that the value of those resources should be adjusted higher when considering "the cut-off grade implications of the rising nickel price."
In short, over the past half-decade, perceptions of oil and gas as the “safe choice” and renewables as the “risky option” have flip-flopped for institutional investors. This is what’s really behind the “Great Energy Shift” among such investors.
Travel stocks got hit hard at the beginning of the pandemic in March 2020, but they've been doing much better as investors started to embrace the reopening theme in anticipation of the end of the pandemic.
Imposed sanctions against have a good chance of devastating the Russian economy, but they also pose risks to the international financial system and costs to the global economy.
Putin's brutal invasion of Ukraine is a wake up call for many in the US and Europe - of the need to realise the world is changing, that democracy needs defending and for companies of the need to take sides.
After 45 years as the most feared investor on Wall Street, billionaire Carl Icahn latest crusade is to set the record straight on his legacy and the role of the activist investor amidst what he calls a crisis in corporate governance.
Vladimir Putin’s disgraceful invasion of Ukraine is an event that many thought could not happen, and has led to market volatility. We are not yet at a buying point however.