Global Leaders Investment Letter: August 2022
Brown Advisory
SEPTEMBER 6, 2022
The RoIC has been above 20% for every year of the past two decades except once at the depths of the global financial crisis in 2009. retail energy prices have already doubled into the lows of the mid-summer demand season; Dutch TTF (Title Transfer Facility) natural gas futures prices are up nearly 400% year to date 5.
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