Broker Check
Clean Energy Shines Light on a Dark Market

Clean Energy Shines Light on a Dark Market

March 15, 2022

The stock market continued to decline last week as the world watched the war in Ukraine advance. The war will most likely continue to be the major stock market driver until the first quarter’s earnings season begins in early April.

On a a lighter note, clean energy stocks have been rallying. The dependence of Europe on Russian oil and gas as well as the import ban on Russian oil has, once again, brought clean energy to the forefront. Negative news events, whether geopolitical or environmental, often push clean energy stocks up while the overall stock market declines. This provides portfolios which contain clean energy investments with good diversification and reduced volatility in times of political or environmental trouble. I’ve researched and incorporated clean energy holdings into client portfolios over the past year and seeing their recent performance gives me more reason to believe they are an important element to include in a globally diversified portfolio.

Photo by Jeremy Bezanger on Unsplash

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