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Ep. 867: Rebecca Henderson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Carbon Bubble Unfolds

10 years from now, we're seeing increasingly large storms routinely hit the major coastal cities. The politicians have a mandate to basically get rid of fossil fuels. Trillions of dollars of market cap and value disappear from the markets in a moment. Real estate prices crash in Manhattan as people realize that you can build the barrier, but it won't keep the water back. A third of the value of the assets are the financial assets,. That's what it would look like.

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