Amid news that California is considering a bill to ban gas-powered cars by 2040, the future for electric cars – and the commodities that drive them – appear to be in the midst of a historic bull market. Despite the fact that electric cars currently account for just 0.2% globally, that is set to change, says Horseman Capital Management’s Stephen Roberts. The electric car market will be booming even more. [timeless] Electric car market: Despite moves by the US, the Paris Agreement and global demand for energy efficiency and reduction in greenhouse gases is a trend that appears unstoppable Autos…
Horseman Likes The Electric Car Market… A Lot
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.