Stock Portfolio Adjustments for Global Warming and Rising Sea Levels [View article]
How likely is coastal flooding near term?
Perhaps a better short-term bet is that a more responsible US policy will involve higher taxes on gasoline like every European government has, which will severely reduce SUV sales, further hitting Ford and GM. And that may then impact Costco (COST), as it would suffer if people trade down to smaller cars that can't carry all those large boxes. You don't see many Mini's outside Costco...
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How likely is coastal flooding near term?
Apr 30 11:13 am
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All Comments by David Jackson »Stock Portfolio Adjustments for Global Warming and Rising Sea Levels [View article]
Perhaps a better short-term bet is that a more responsible US policy will involve higher taxes on gasoline like every European government has, which will severely reduce SUV sales, further hitting Ford and GM. And that may then impact Costco (COST), as it would suffer if people trade down to smaller cars that can't carry all those large boxes. You don't see many Mini's outside Costco...