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Economics Beats Politics: A Major Opportunity In Solar | OilPrice.com



  • Source: OilPrice.com - - Read: 0

    Summary:

     

    Given the current Presidential administration’s bias towards fossil fuels, solar power may seem like a strange place for investors to look for opportunities, but stocks in the industry have easily outperformed the broader market over the last year. The Invesco Solar ETF, TAN, is up 58% over that time, easily beating the S&P 500, or any other index you care to mention. I guess that demonstrates a point that I often make. Politicians, and presidents in particular, have a lot less influence on markets than most people, and especially they themselves, think. Their policies are geared towards short-term political advantage, while investors look at long-term trends and consider their impact decades out.

    Those long-term trends favor solar. The policies of any administration will change afte ...

     

     

    Read Full News: https://oilprice.com/Energy/Energy-General/Economics-Beats-Politics-A-Major-Opportunity-In-Solar.html


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