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ESG

  • Oil, ESG, Pre 2021 Porridge,
    June 1, 2021

    Militant ESG in Oil will trigger consequences elsewhere

    ESG tightened its grip on markets in a succession of wins over oil majors. Is that a good or bad thing? Probably better shareholders decide a company’s green objectives than them being set by bureaucrats, but there will be consequences.

    read more
  • UK, Financial Assets, Taxes, Economy, Fiscal & Monetary Policy, ESG, USA, Pre 2021 Porridge,
    April 23, 2021

    Interesting week that was…

    The successful mass pushback on the European Super League may seem a minor issue contained in the sports arena, but it highlights growing voter dissatisfaction with politics, wealth inequality, questions who will pay for funding recovery, and just how much longer the speculative bubbles can continue as the world changes.

    read more
  • Climate Change, sustainability, ESG, Pre 2021 Porridge,
    April 9, 2021

    Greenwashing the ugly truth about Oceans

    Seaspiracy is a shocking, flawed, yet critical film. It should set the market thinking about what sustainability really means, addressing how we skirt the real issues on climate change and environmental degredation. It should provide a much-needed kick up the a**e to box-ticking ESG investment stupidity.

    read more
  • Tesla, Stocks, Special Purpose Acquisition Companies, ESG, Tech, Pre 2021 Porridge,
    April 1, 2021

    Things Can Only Get ?

    Q1 was “interesting”. More financial madness in 3 months than I’ve seen in 35 years, but at least it was fun. How much more sober and boring might the market become? Deliveroo’s botched IPO suggests Investors ain’t as stupid as we think.

    read more
  • EU, Climate Change, ESG, Pre 2021 Porridge,
    March 24, 2021

    Holier than thou ESG?

    Demand for the EU’s Social Bond deal was strong as ESG funds scramble to find qualifying assets, but just how much ESG is enough? Has ESG got overly Woke?

    read more
  • Debt, Financial Assets, Economy, ESG, Pre 2021 Porridge,
    March 22, 2021

    Just how distorting could ESG prove?

    As vaccine wars hot up and markets worry about interest rates and central bank action, the theme of price distortion continues to unsettle valuations. One aspect of distortion is in the increasing weight being put on ESG metrics – which should be market positive, but look to be vulnerable to Woke-like “doubleplusungood” groupthink, potentially further distorting markets.

    read more
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The Morning Porridge is not investment advice. It is market commentary based on discussions and information gathered from multiple sources believed to be reliable. No guarantee is given for its accuracy or completeness. It is not an offer to buy, sell or solicit investments or securities. The author may have a position in companies or institutions discussed in this commentary.

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