PBW News and Press, Invesco WilderHill Clean Energy From 11/29/22

Pitney Bowes Inc . (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, announced today that Jason Dies, Executive Vice President, Pitney Bowes Sending Technology Solutions, Gregg Zegras, Executive Vice President, Pitney Bow...

Summary US President Joe Biden inked the Inflation Reduction Act (IRA) into law on August 16. This legislation will likely be transformative over the long term as it is the largest government-led investment in clean energy in US history. The US goal is to achieve a 50%-52% red...

Summary Surging stocks show markets believe hopes of a soft landing by the Fed to be true. We disagree and stay underweight developed market (DM) stocks. U.S. stocks jumped and bond yields plunged after October CPI rose less than the market expected. But sticky core inflation keep...

Summary The prices of oil, copper, and iron ore are all sharply down from their peaks earlier this year. The transition to green power will, in the medium term, boost demand for hydrocarbons. Even if the global economy were to collapse once again, the capital cycle could allow...

Summary While a divided US government may look appealing, there are long-term risks amid resulting gridlock. The longest night belonged to the pollsters and pundits, whose predictions for a “red wave” did not come to fruition. Looking at historical relationships ...

Summary A coalition of 190 countries and companies had agreed to "phase down" coal power and end support for new plants. The African location is expected to put greater focus on the question of climate financing for historically marginalized communities and emerging markets. C...

Summary Over the past decade, more than 130 countries have pledged to achieve net-zero emissions by 2050. The current need-based sentiment toward reembracing carbon-based fuels doesn’t mean that the energy transition effort is doomed. We believe there are many potential...

Summary We see a positive transformation in Indian renewables that could provide a significant opportunity for investors. In August, India reiterated its commitment to draw 50% of its electricity generation capacity from non-fossil fuel sources, and to reduce its emissions intensi...

Summary The Inflation Reduction Act could usher in a golden age for energy generation, storage and distribution. For decades, utilities have been a steady, if not a scintillating attraction for equity investors. In all, we expect the clean-energy benefits of the IRA to catalyz...

Summary Elections affect the markets, sometimes in unpredictable ways. Smith & Wesson saw 2021 revenue leap to $1.06 billion, up 55.8% from $680 million in the previous year. Despite this year’s market difficulties, the S&P 500 ETF is up over 19% since Biden's e...