Energy Transition | AI | Shifting World Order, Mint Finance

Suhas Reddy

Energy Transition | AI | Shifting World Order

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Macroeconomics

<ul>
<li>Chair Powell decided to maintain Fed fund rates at 5.25%-5.5% sticking to the much expected higher for longer strategy given the reverse direction of travel on rates.</li>
<li>Forget rate cuts. Those hopes are diminishing. US prediction markets are pricing a 40% chance of zero rate cuts this year.</li>
<li>Nonfarm Payroll numbers tomorrow will hint at the path of interest rate travel for the rest of the year. Continued strength will melt hopes of rate cuts further.</li>
</ul>


Chair Powell decided to maintain Fed fund rates at 5.25%-5.5% sticking to the much expected higher for longer strategy given the reverse direction of travel on rates.
Forget rate cuts. Those hopes are diminishing. US prediction markets are pricing a 40% chance of zero rate cuts this year.
Nonfarm Payroll numbers tomorrow will hint at the path of interest rate travel for the rest of the year. Continued strength will melt hopes of rate cuts further.


Strong US Payroll Will Completely Crush Rate Cut Hopes

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>The WTR Sustainable Index was up down 3.9% W/W versus the S&amp;P 500 Index (down 3.0%), the Russell 2000 Index (down 2.8%), and the Nasdaq Index (down 5.4%).</li><li>Energy Technology (12.0% of the index) was down by 6.6%, while Industrial Climate and Ag Technology (58.1% of the index) was down by 2.2%, ClimateTech Mining was down 5.9%, and Advanced Transportation Solutions (23.4% of index) was down 6.7%.</li><li>Top 10 Performers: FSR, PNPN, VTNR, AMMP, TLO, WML, KNDI, GOEV, BMI, CRGE</li></ul>

The WTR Sustainable Index was up down 3.9% W/W versus the S&amp;P 500 Index (down 3.0%), the Russell 2000 Index (down 2.8%), and the Nasdaq Index (down 5.4%).Energy Technology (12.0% of the index) was down by 6.6%, while Industrial Climate and Ag Technology (58.1% of the index) was down by 2.2%, ClimateTech Mining was down 5.9%, and Advanced Transportation Solutions (23.4% of index) was down 6.7%.Top 10 Performers: FSR, PNPN, VTNR, AMMP, TLO, WML, KNDI, GOEV, BMI, CRGE

Weekly Sustainable Investing Surveyor - Week Ended April 19, 2024

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Cross Asset Strategy

<ul>
<li>Federal Reserve “shocks’ markets by taking early rate cuts off the table</li>
<li>New tactics in the Russia/Ukraine war do not bode well for lower oil prices</li>
<li>China releases  Q1 GDP data  which is "stronger" than expected </li>
</ul>


Federal Reserve “shocks’ markets by taking early rate cuts off the table
New tactics in the Russia/Ukraine war do not bode well for lower oil prices
China releases  Q1 GDP data  which is "stronger" than expected 


Macro Overview: A Review of Recent Events Impacting Our Investment Themes

<ul><li>The WTR Sustainable Index was up down 2.0% W/W versus the S&amp;P 500 Index (down 1.6%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down 0.6%).</li><li>Energy Technology (12.4% of the index) was down by 4.6%, while Industrial Climate and Ag Technology (57.1% of the index) was down by 1.9%, ClimateTech Mining was up 0.1%, and Advanced Transportation Solutions (24.1% of index) was down 2.2%.</li><li>Top 10 Performers: WAVE, AMRS, ZEV, TPCS, KULR, VIEW, CRGE, NHHH, EAF, AGX</li></ul>

The WTR Sustainable Index was up down 2.0% W/W versus the S&amp;P 500 Index (down 1.6%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down 0.6%).Energy Technology (12.4% of the index) was down by 4.6%, while Industrial Climate and Ag Technology (57.1% of the index) was down by 1.9%, ClimateTech Mining was up 0.1%, and Advanced Transportation Solutions (24.1% of index) was down 2.2%.Top 10 Performers: WAVE, AMRS, ZEV, TPCS, KULR, VIEW, CRGE, NHHH, EAF, AGX

Weekly Sustainable Investing Surveyor - Week Ended April 12, 2024

Pranay Yadav

<ul>
<li>March CPI print came in above expectations at 3.5% YoY. CPI has come in above expectations for the past four months.</li>
<li>Gasoline, shelter, and transportation services were the major inflation drivers.</li>
<li>Dollar was the winner following the release as other currencies weakened. Euro declined the most while JPY weakened the least.</li>
</ul>


March CPI print came in above expectations at 3.5% YoY. CPI has come in above expectations for the past four months.
Gasoline, shelter, and transportation services were the major inflation drivers.
Dollar was the winner following the release as other currencies weakened. Euro declined the most while JPY weakened the least.


[US CPI Review] Energy, Housing, And Services Keep Inflation Hotter Than Expected

United States

The NASDAQ-100 Index is a modified capitalization-weighted index of the 100 largest and most active non-financial domestic and international issues listed on the NASDAQ. No security can have more than a 24% weighting. The index was developed with a base value of 125 as of February 1, 1985. Prior to December 21,1998 the Nasdaq 100 was a cap-weighted index.

Nasdaq-100 Stock Index (NDX INDEX)

Strong US Payroll Will Completely Crush Rate Cut Hopes

Fed maintains fund rates at 5.25%-5.5%, Despite high inflation Chair Powell stated that rate hikes are unlikely, Continued strength in the labour...

Mint Finance

Weekly Sustainable Investing Surveyor - Week Ended April 19, 2024

The WTR Sustainable Index was up down 3.9% W/W versus the S&P 500 Index (down 3.0%), the Russell 2000 Index (down 2.8%), and the Nasdaq Index (down...

Water Tower Research

Macro Overview: A Review of Recent Events Impacting Our Investment Themes

Weekly Macro Review -Federal Reserve rules out early rate cuts, Russia/Ukraine conflict impacts oil prices, China's Q1 GDP exceeds expectations.

Rikki Malik

Weekly Sustainable Investing Surveyor - Week Ended April 12, 2024

The WTR Sustainable Index was up down 2.0% W/W versus the S&P 500 Index (down 1.6%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down...

Water Tower Research

[US CPI Review] Energy, Housing, And Services Keep Inflation Hotter Than Expected

March CPI exceeded expectations at 3.5% YoY, driven by gasoline, shelter, and transportation services. Dollar strengthened against other...

Mint Finance

Strong US Payroll Will Completely Crush Rate Cut Hopes

Fed maintains fund rates at 5.25%-5.5%, Despite high inflation Chair Powell stated that rate hikes are unlikely, Continued strength in the labour...

Mint Finance

Weekly Sustainable Investing Surveyor - Week Ended April 19, 2024

The WTR Sustainable Index was up down 3.9% W/W versus the S&P 500 Index (down 3.0%), the Russell 2000 Index (down 2.8%), and the Nasdaq Index (down...

Water Tower Research

Macro Overview: A Review of Recent Events Impacting Our Investment Themes

Weekly Macro Review -​Federal Reserve rules out early rate cuts, Russia/Ukraine conflict impacts oil prices, China's Q1 GDP exceeds expectations.

Rikki Malik

Weekly Sustainable Investing Surveyor - Week Ended April 12, 2024

The WTR Sustainable Index was up down 2.0% W/W versus the S&P 500 Index (down 1.6%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down...

Water Tower Research

[US CPI Review] Energy, Housing, And Services Keep Inflation Hotter Than Expected

​March CPI exceeded expectations at 3.5% YoY, driven by gasoline, shelter, and transportation services. Dollar strengthened against other...

Mint Finance

Weekly Macro Review -Federal Reserve rules out early rate cuts, Russia/Ukraine conflict impacts oil prices, China's Q1 GDP exceeds expectations.

March CPI exceeded expectations at 3.5% YoY, driven by gasoline, shelter, and transportation services. Dollar strengthened against other...