Climate Change And Stocks: Some Like It Hot

In our Beta report, we take a break from US politics and focus on the investment implications of climate change. Our colleague Ritika Mankar, of BCA’s Global Investment Strategy, makes a case for long-term investors to actually completely ignore climate change in their strategic asset allocation. Global warming will simply not make any difference, macroeconomically speaking, over the next five to ten years. Over a longer time horizon, climate change may even spur more economic growth, although with higher inflation as well.