A recent report by the US national intelligence agencies raised the issue of Climate Change and the impact they expect it to have on global stability.
“The nation’s intelligence agencies are warning, in the annual Worldwide Threat Assessment, of global instability if climate change continues unabated, according to a report submitted for a hearing Tuesday before the U.S. Senate Select Committee on Intelligence.”
“The impacts of the long-term trends toward a warming climate, more air pollution, biodiversity loss, and water scarcity are likely to fuel economic and social discontent—and possibly upheaval—through 2018,” said Dan Coats, the Director of National Intelligence. (1)
Are your values reflecting your financial plan in such a world?
Climate change is having an impact on financial markets. It affects GDP, prices of commodities and products, migration of people, insurance rates for properties, profitability of projects and companies, ect.
Financial markets do not like unpredictability. Many financial decisions are made based upon what has happened in the previous 10, 25, even 100 years. That decision-making is in some ways ossified by peoples limited perspective and time horizons.
There are real decisions individuals need to make to protect their financial futures. Reach out to me to discuss how managing risk can help you maximize your financial plan in a climate changed world.
Retirement Income. Tax Efficient Planning.
Life Insurance. Disability Insurance
Socially Responsible Investing
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Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 954 Ridgebrook Rd. Suite 300, Sparks MD 21152. 410-828-5400. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian. Devon Financial Partners, LLC is not an affiliate or subsidiary of PAS or Guardian. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.
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PAS is a member FINRA, SIPC.