Green funds are likely to gap up in late Q4 and early Q1
Historically the 3rd year in a US Presidency is the worst for North American capital markets, particularly equities, and as Q4 approaches we have to examine whether this year offers the usual cyclical investment opportunity. The cycle makes sense because the honeymoon for the US President is long over, and the 3rd year is a bit early to pump the economy for the election. 2012 will be a different story, inflation will be the fear, and equities will be back in vogue.
While searching for news on "green mutual fund" it seems there isn't too much going on right now.
175 results but that's just Google trying hard... when I take the quotes off there are 2 results. I'd say that right there is an indication that things are a bit too quiet, and green funds are likely to gap up in late Q4 and early Q1.
Joe Trainor, CIM
September 13, 2011
