πππ
$iShares Global Clean Energy ETF(ICLN)$ is under siege and honestly I almost hit the Sell Button. Thanks to the recent Trump policy reversals such as withdrawal from the Paris Climate Agreement and a swift rollback of clean energy policies, ICLN is now caught in the crossfire of an administration that is doubling down on fossil fuels!
But here is the Truth - temporary policy setbacks don't erase long term global demand. The world is moving towards decarbonisation. Europe, Asia and even US states are pushing forward with clean energy mandates. This revolution is bigger than any four year term.
Yes ICLN is down but the clean energy revolution is far from over. It is a speed bump. When the market turns green again I plan to say "I held on and survived".
@TigerEvents @TigerStars @Tiger_comments @Tiger_SG @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: