The Four Horsemen of the Investment Apocalypse: Pandemic, War, Corruption, and Climate Change
Dan DiBartolomeo, CIPM, Northfield Investment Services

While the world continues to struggle with the impact of the coronavirus pandemic, investors need to remain cognizant that other thematic effects can be vastly influential on investment outcomes in both the near term and the long term. Of our four themes, pandemic and war are sufficiently violent as to dominate economic news and investor thinking in the moment. The other two themes, corruption and climate change affect investment outcomes in a slow acting, persistent fashion in ways that are often too subtle to be captured by a conventional analytical methods.
Much like the fable of the “tortoise and the hare,” it is unclear which of these thematic effects will ultimately win the race for greatest influence on global investment outcomes.