Alternative energy funds have dim prospects under a Trump presidency – InvestmentNews

January 5, 2017 Facebook Twitter LinkedIn Google+ Uncategorized

One thing you can learn from the Trump presidential victory: Making bets on the fallout is anything but certain. For example, President-elect Donald Trump has promised to bring back coal. Investors don’t believe it. VanEck Vectors Coal ETF (KOL), is down 7.1%. On the other hand, solar funds have taken it on the chin. Mr. Trump nominated Rex Tillerson, CEO of ExxonMobile, for secretary of state. His nominee for the head of the Energy Department: Rick Perry, who promised to abolish it during the presidential campaign.Solar stocks have had spotty records since the election. The largest,