World's biggest sovereign fund losses $21 billion in the first quarter

[murray t turtle]

First quarter is not over yet and I though first quarter in 2019 so far was wonderful for stock markets. IS there a typo? Is it last quarter of 2018 as that was terrible for global stocks?

%% Dont know. But having made much of thier money in oil+ investments; maybe they should buy some more oil stocks, since they have done so well, in that sector ?? Paris agreement ??LOL-LOL Also,the writer should have used % measure, instead of trying a price shock headline.

 

[dealmaker]

https://www.institutionalinvestor.c...antuan Pension Fund Will Drop Oil Investments

 

[murray t turtle]

https://www.institutionalinvestor.com/article/b1dg25160qpvmf/Norway-s-Gargantuan-Pension-Fund-Will-Drop-Oil-Investments?utm_medium=email&utm_campaign=The Essential II 31119&utm_content=The Essential II 31119 Version A CID_1e70cb635c6df1a7ad96d36798edbeb8&utm_source=CampaignMonitorEmail&utm_term=Norways Gargantuan Pension Fund Will Drop Oil Investments

%%
That seems to disagree with the first article;
+ with all the fake news hatred of oil companies;may not believable@ all??

 

[dealmaker]

Norway sovereign wealth fund divests Halcyon over environmental concerns

Norway's Government Pension Fund Global, Oslo, will no longer invest in rubber producer Halcyon Agri Corp. due to risks of environmental damage, confirmed a spokeswoman for Norges Bank Investment Management, which manages the sovereign wealth fund's assets. (Pensions & Investments)

 

[dealmaker]

Norwegian Wealth

The former CEO of the world's biggest sovereign wealth fund—Norway's $1 trillion oil fund—has broken a decade's silence to criticize the fund's current management. Knut Kjaer joins others who have criticized what they see as increasing politicization of the fund, and the decision to keep basing it within the country's central bank, rather than in a separate organization. Financial Times

 

[zdreg]

Also,the writer should have used % measure, instead of trying a price shock headline

Norwegian Wealth

The former CEO of the world's biggest sovereign wealth fund—Norway's $1 trillion oil fund—has broken a decade's silence to criticize the fund's current management. Knut Kjaer joins others who have criticized what they see as increasing politicization of the fund, and the decision to keep basing it within the country's central bank, rather than in a separate organization. Financial Times

Socialists in power always get greedy. Look no further then Venezuela. Venezuela had a stable currency for over 100 years.. It was a rich country endowed with lots of oil. Then the common people got greedy. They voted for socialism light and EQUALITY.REGULATIONS ENSUED. tHEN SHORTAGES ENSUED. THEN MORE REGULATIONS AND SCARTIES RESULTED. Then full blown socialism under DICTATORS Chavez and Maduro. The result is inflation at a rate of one million percent+ per year. yes, people are equal. they are equally poor and starving except for the military and friends of the gov't
Don't fool yourself.



The same thing could happen in the US. Millennials are socialists in one way or another.

 

[ironchef]

Socialists in power always get greedy. Look no further then Venezuela. Venezuela had a stable currency for over 100 years.. It was a rich country endowed with lots of oil. Then the common people got greedy. They voted for socialism light and EQUALITY.REGULATIONS ENSUED. tHEN SHORTAGES ENSUED. THEN MORE REGULATIONS AND SCARTIES RESULTED. Then full blown socialism under DICTATORS Chavez and Maduro. The result is inflation at a rate of one million percent+ per year. yes, people are equal. they are equally poor and starving except for the military and friends of the gov't.

Animal Farm by G Orwell: Some animals are more equal than others.

 

[zdreg]

Socialists in power always get greedy. Look no further then Venezuela. Venezuela had a stable currency for over 100 years.. It was a rich country endowed with lots of oil. Then the common people got greedy. They voted for socialism light and EQUALITY.REGULATIONS ENSUED. tHEN SHORTAGES ENSUED. THEN MORE REGULATIONS AND SCARTIES RESULTED. Then full blown socialism under DICTATORS Chavez and Maduro. The result is inflation at a rate of one million percent+ per year. yes, people are equal. they are equally poor and starving except for the military and friends of the gov't

Don't fool yourself.
The same thing could happen in the US. Millennials and recent college graduates have a socialist mentality in one way or another .

 

[murray t turtle]

Socialists in power always get greedy. Look no further then Venezuela. Venezuela had a stable currency for over 100 years.. It was a rich country endowed with lots of oil. Then the common people got greedy. They voted for socialism light and EQUALITY.REGULATIONS ENSUED. tHEN SHORTAGES ENSUED. THEN MORE REGULATIONS AND SCARTIES RESULTED. Then full blown socialism under DICTATORS Chavez and Maduro. The result is inflation at a rate of one million percent+ per year. yes, people are equal. they are equally poor and starving except for the military and friends of the gov't
Don't fool yourself.



The same thing could happen in the US. Millennials are socialists in one way or another.

%% That + Cuba gov ''helped'' They [Cuba] always gave the people a a choice- cut cane or go to jail

 

[bone]

Get woke, go broke.