4 ms·
It’s kind of funny, the stock market won’t react at all to global warming until the electrical grid of some major city collapses and people start dying of heats
by fallingfrog 4y ago
It’s kind of funny, the stock market won’t react at all to global warming until the electrical grid of some major city collapses and people start dying of heatstroke. That’s the point where the cost of fossil fuels will suddenly start getting priced in. (Oopsy daisy!). The market is blind to anything happening farther away in time than next quarter’s earnings reports.
- mempko 4y agoExactly, relying on the stock market for any sort of prediction is silly. Markets are short lived, over react, and basically rely on the supply of cheap money and growth of money to keep going up. But exponential growth can only go for so long.
- rdtwo 4y agoThe only thing that matters is what the fed will do. The fed and government spending is the stock market