Finimize - 🐦 Jack Dorsey has a point

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Today's big stories

COP26 kicked off over the weekend, and there are bound to be winners and losers in the world's stock markets
Jack Dorsey's has a point about hyperinflation, whether he's right or not – Read Now
Ryanair reported worse-than-expected results, but investors aren’t particularly worried

Emission Impossible

What’s Going On Here?

COP26 – a United Nations climate meeting with more than 100 world leaders in attendance – kicked off in the UK this weekend.

What Does This Mean?

The 2015 Paris Agreement saw 196 countries agree to limit the global temperature rise to 1.5°C above pre-industrial levels, but most of their plans aren’t ambitious enough to achieve that aim. And even if they are, members still haven’t been meeting the targets quickly enough to halve emissions by 2030 and reach net-zero emissions by 2050. Cue COP26: a summit devoted to putting solid pledges in place and getting the whole process back on track. There could be any number of ways countries decide to do that, but expect a lot of talk about investment in renewable infrastructure, incentives to promote greener habits, and disincentives to limit the use of fossil fuels.

Why Should I Care?

For markets: The winners and losers of COP26.
It’ll come as no shock to hear that investors are expecting renewable energy companies and energy storage firms to benefit from countries’ COP26-inspired investments. In fact, the market for wind turbines, solar panels, batteries, and hydrogen energy technology could hit $27 trillion if the world gets on track for net-zero by 2050, according to the International Energy Agency. As for the potential losers, high emission sectors – airlines, shipping, chemical producers, and oil companies – are all set to be in the firing line from stricter regulations.

Zooming out: Aramco’s full of hot air.
Saudi Aramco isn’t going to take this sitting down: the world’s biggest oil company – which reported better-than-expected quarterly profit over the weekend – announced plans to achieve net-zero emissions by 2050 last week (tweet this). But if you’re skeptical, you’re right to be: Aramco has previously laid out plans to up its daily oil production by more than 8% by 2027, even as its rivals have promised to cut theirs.

You might also like: How to transform your investing clout into meaningful change.

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Analyst Take

Jack Dorsey Has A Point

What’s Going On Here?

Jack Dorsey’s tweet last week – that we’re heading into a period of hyperinflation – received a lot of attention from investors.

But whether Jack’s precisely right or not is kind of beside the point. The point is that we probably are going to be facing high inflation for a sustained length of time.

And that means your classic inflation hedges – which are only built to offset inflation-induced losses in the short term – suddenly look inadequate.

Instead, then, you want a long-term store of value. Gold and (certain) commodities are good examples, sure, but there’s actually a much better choice.

So that’s today’s Insight: why hedging just won’t cut it, and which store of value will protect your portfolio in the long term.

Read or listen to the Insight here

A truly decentralized finance experience

It’s not every day investors express $300 million worth of interest in a company.

So Portal must be doing something special: it’s been offering investors a chance to invest in its business at the ground floor.

And while it’s called time on its private round investments for now, you’ll still want to add yourself to its whitelist so you don’t miss out next time.

Portal’s gained so much attention because its platform combines the security and transparency of the bitcoin blockchain with the speed, liquidity, and affordability of going off-chain.

Put simply, users can trade securely, quickly, and affordably, all while keeping their data completely private. You can even earn bitcoin for acting as a facilitator in the market.

Don’t miss out: sign up for the whitelist today, or check back later if it’s full.

Register Your Interest