Among the difficulties of entering uncharted macroeconomic territory, where daily transitory changes cause wild volatility in all corners of the market, is documenting key themes as they emerge.Â
One of the better analyses of the current market environment that we have read has come from Bloomberg Opinion writer John Authers. In a piece published on Friday, Authers lays out two key market themes heading into the end of Q2:
The developing problem of inflation, especially as it relates to the cost of food, in emerging markets.
How Elon Musk has, alongside of all of his devotees and disciples, placed himself firmly on the wrongside of what could be a serious coming market correction.Â
Mr Trump’s reversal was finalized by the Environmental Protection Agency (EPA) in September under then administrator, Andrew Wheeler, who claimed the change would “strengthen and promote American energy″ and save companies tens of millions of dollars in compliance costs.
The methane rollback was viewed as one of the most grievous parts of Mr Trump’s dismantling of dozens of environmental and climate policies.
While conversations on tackling the climate crisis have centered around cutting carbon dioxide (CO2) emissions, methane is a powerful pollutant with about 80 times the impact on global heating as CO2 over 20 years.
A summary of a UN report due next month noted that acting aggressively to reduce methane emissions now could help the world to more rapidly meet its 2050 climate targets and play an important role in avoiding catastrophic heating.