Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The health risks of some of the products chemical companies sell will become an investment issue for those companies themselves, Jeremy Grantham says.He predicts today's toxic chemicals will be banned in the coming years, and those consequences will play out in chemical firms' stock prices.
For the companies that make products that use such chemicals, that's about to become a major problem: As the risks of endocrine-disrupting chemicals gain more attention, Grantham predicts there will be a widespread ban on a wide range of chemicals, "which constitute a major fraction of earnings for some chemical companies."
"It is clear to me that several chemical companies represent high levels of risk in this area, risks that are currently underestimated," Grantham said. The chemical sector has trailed the S&P 500 over the last three years, returning 19.04% versus the S&P 500's 44.85%, according to Fidelity. So far this year, that trend has continued: The sector has lost 2.67% versus the S&P 500's 3.0% gain.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeremy Grantham warns eventually only the rich will procreate as chemicals leave the poor sterileGMO co-founder Jeremy Grantham said in a letter that chemical toxicity threatens to dramatically lower birth rates and become a major investment issue. You do know the math doesn't work here It's not working at my house There are already tons of estrogen in our potable water, but that's a conspiracy right?
Source: CNBC - 🏆 12. / 72 Read more »
From Toxic to Turnaround: Bayer’s CEO Fights to Fix What He BrokeWith Bayer moving closer to settling more than 42,000 lawsuits inherited from its acquisition of Monsanto, and with a group-wide restructuring under way, investors say Werner Baumann might just manage to fix the mess he made. Let’s not forget Bayer is a pain medication company. When they move into position to become the global leader in the marijuana industry the Monsanto acquisition will go down as one of the smarter moves of the 21st century.
Source: WSJ - 🏆 98. / 63 Read more »
Pope to visit Italian region poisoned by toxic waste dumpingPope Francis in May will travel to a southern Italian region where decades of toxic-waste dumping by the mob have polluted the environment and sickened its people. Hey I have a better idea since the Pope is the closest to holy why not him go to WuHan first to pray for the sick and for the dieing people of China!!! Papa Francisco é um comunista.
Source: ABC - 🏆 471. / 51 Read more »
4 Ways to Figure Out if a Partner Is Toxic or Just CluelessWhen a relationship seems to be deteriorating, here's how to decide if it can be saved, or if you should end it The bit on narcissism is spot on. I run into so many divorced people who have a narc ex; I may just hand them this going forward.
Source: PsychToday - 🏆 714. / 51 Read more »
Jeremy Grantham warns eventually only the rich will procreate as chemicals leave the poor sterileGMO co-founder Jeremy Grantham said in a letter that chemical toxicity threatens to dramatically lower birth rates and become a major investment issue. You do know the math doesn't work here It's not working at my house There are already tons of estrogen in our potable water, but that's a conspiracy right?
Source: CNBC - 🏆 12. / 72 Read more »
Business InsiderA car dealer is selling Al Capone's bulletproof 1928 Cadillac sedan for $1 million — see inside I'll take 10. Tupac’s BMW is for sale for $1.75mm with bullet holes included
Source: BusinessInsider - 🏆 729. / 51 Read more »