Klement on Investing

Klement on Investing

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The long-term war premium in stock markets
Yesterday, I wrote about a study that tried to measure how stock market returns react to increases in geopolitical risk (in particular war risk).
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Joachim Klement
1
Words speak louder than acts
Geopolitics remains a major factor that can derail stock markets at a moment’s notice.
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Joachim Klement
3
Are ESG funds subsidised by their non-ESG siblings?
Most asset management firms tend to have both ESG and non-ESG funds on their product shelf.
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Joachim Klement
2
Bread and circuses, canals and monuments
The Romans already knew, that if you want the people to be happy, you have to give them bread and circuses.
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Joachim Klement
4
Import tariffs reduce exports as well
As we discuss the impact of tariffs on business, the focus is unequivocally on importers and consumers who have to foot the bill and pay more for the…
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Joachim Klement
4
The index inclusion effect is dead
Here in the UK, we will get the announcements of the first index review of 2025 for the FTSE indices later today.
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Joachim Klement
4
China can teach Europe how to become geopolitically independent
My latest opinion piece at Reuters is out.
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Joachim Klement
6
Short-term vs. long-term investors
Every experienced investor knows that the thought processes of short-term and long-term investors are very different.
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Joachim Klement
2
Environmental vs. disaster fear
People who are politically leaning conservative are systematically less worried about climate change and more likely to be sceptical about the need to…
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Joachim Klement
10

February 2025

These Oscar-nominated movies are soooo disappointing
On Sunday, the Oscars will once again be awarded to some of the best movies, actors, and creatives in the world.
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Joachim Klement
3
NextGenerationEU works
During the pandemic, the EU launched its massive NextGenerationEU industrial policy programme.
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Joachim Klement
4
Why are analyst forecasts so optimistic: Growth assumptions
At the start of each year, I write about how useless forecasts by strategists and analysts are. One thing that is persistent in these forecasts is that…
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Joachim Klement
4
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