The Federal Reserve Chair Jerome Powell’s gloomy speech last week in Jackson Hole, Wyoming, warned investors of the Central Bank’s utmost commitment to bring down inflation. Even after a total of 2.25 percentage points of rate hikes, Powell confirmed that this is “no place to stop or pause.” He admitted that the policies would bring “some pain.” […]
After three years of low prices with supply consistently exceeding demand, crude oil prices have risen significantly this year. The prices are currently hovering around $120 a barrel. Continued sanctions on Russian oil exports, increasing energy consumption in China due to the lifting of COVID-19 lockdowns in the nation, and limited room for further releases […]
After experiencing significant volatility since the beginning of the year, the stock market stabilized briefly. However, the benchmark stock indexes have declined again over the past five days on concerns over further sanctions on Russia and the possibility of more extensive interest rate hikes by the Federal Reserve to tame soaring inflation. Inflation has climbed […]
2 Green Energy ETFs to Buy for a Cleaner Future entrepreneur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from entrepreneur.com Daily Mail and Mail on Sunday newspapers.
2 Clean Energy ETFs to Power Your Portfolio
PBW – The electrification of transportation and other ongoing initiatives by major industries that are pursuing de-carbonization are driving the clean energy industry’s growth. The new U.S. Presidential administration is also facilitating the deployment of renewables across sectors to curb carbon emissions. Given this backdrop, we believe ETFs such as Invesco Wilder Hill Clean Energy (PBW) and Invesco Global Clean Energy (PBD) should witness substantial gains in the coming months.
Feb 26, 2021
With concerns regarding climate change now becoming major, governments worldwide are accelerating their countries’ shifts to carbon-neutral energy sources. The demand for clean energy in the U.S. is proving to be resilient, even absent direct incentives for green infrastructure development in the economic recovery measures passed in response to COVID-19.