Another set of Trump's chums have done well from his victory... hedge funds that were betting against renewable energy shares in the stock market (short selling) have reportedly made around $1.2bn in the last day as investors dump renewables firms' shares on the basis that Trump will pivot against the sector.
No wonder the financial sector likes Trump, he'll be delivering all sorts of bonuses in the short run, and nowadays investment banking is a short-run game....
#Trump #renewables
h/t FT
No wonder the financial sector likes Trump, he'll be delivering all sorts of bonuses in the short run, and nowadays investment banking is a short-run game....
#Trump #renewables
h/t FT
MiniMia 🏴 🇵🇸 •
Emeritus Prof Christopher May •
MiniMia 🏴 🇵🇸 •
Touché, sir.