It’s time for the government to relent. The past few weeks have seen chaos in our financial system as the run on Silicon Valley Bank and the closure of Signature Bank have demonstrated. The 2 year has rallied over 120 basis points in days in the ensuing flight to safety (and after a Fed increase …

The start of ’22 has not been kind to water or clean tech stocks; or for that matter, most equities in general. This is a continuation of a rotation that began in November of last year. The S&P Clean Tech Index is already in correction, 23% from its high last year and down 7% year …

Hemingway’s seminal novel, The Sun Also Rises, does much to explain the human condition. It’s lessons can also be applied to markets[i]. Much literature and history does so but I have always found this novel to be poignant. This idea of using evidence from independent, unrelated sources or a “synthesis of knowledge” was propounded in …

During the Obama administration there was some thought about forming a National Infrastructure Bank (NIB) but the idea never came to fruition. The Build America Bond program was undertaken instead; this effort enabled states and municipalities to issue bonds tied to capital expenditures at significantly lower rates primarily through the use of tax credits. Now, …

While Americans sit down to watch the Superbowl and its corresponding festivities this Sunday, there will be many things to ponder. Can New England prevail and win its fifth title or will Atlanta’s formidable offense win the day? And of course, there will be countless individual subplots, the ads, and Lady Gaga’s halftime performance.  Viewers …

Events The S&P returned -0.68% last week and has returned 4.01% year to date. The Clean Tech Index (CTIUS) returned -0.81% last week whereas the S&P Clean Energy Index fell over 6%[i]. Clean Tech did relatively well in large part due to agriculture stocks; the clean energy subsector plunged in line with news from Texas. …

Events The S&P returned 18.39 during 2020, the OMX Water index returned 20.84% while the Clean Tech Index surged 52.51% and the Russell 2000 was up 19.93%.[i] Enphase Energy, a manufacturer of inverters, led the Clean Tech Index with a 571% return. Blink Charging, an operator of EV charging stations, returned over 2000 times last …

Events The S&P returned 1.72% for the week, the OMX Water index returned 0.75% while the Clean Tech Index eked out an 0.08% gain; the Russell 2000 was up 2.04% indicating the market advance was broader and not confined to mega cap stocks. Infer what you will.  Year to date returns for these 4 indices …

On Electrons and Bubbles Events The S&P ended the week up 2.30%, year to date up 14.5% and hit an all-time high of 3,638 on Friday. The Clean Tech and OMX Water Indices similarly ended the week up 3.69% and 1.68%, making new highs along the way. General Motors announced it would dedicate itself to …

Events The S&P ended the week down 0.73% retracing some of the prior week’s gains and now returning 11.95% year to date.  The Nasdaq OMX Water Index fell 0.09% and has now returned 14.88% year to date. The Clean Tech Index rallied 2.65% continuing its post election rally and now has returned 34.91% year to …