Which Investments Will Benefit Most from ‘De-Globalization’?


It's now being said that de-globalization is the new trend. Which stocks, industries, countries will benefit most from this, as investment targets?

What would 'de-globalization' look like? What's driving this trend? Is this trend really about 'de-globalization', or is it just about de-coupling from China & Russia? Arguably, China & Russia have been big beneficiaries of globalization, especially China which has made itself the world's factory. If the new 'de-globalization' trend is really about de-coupling from China & Russia, then they would be expected to lose from it.

We're hearing newer words beyond 'near-shoring' — words or phrases like 'friend-shoring', etc. How can such criteria be quantified? Earnings reports and forecasts can show objective criteria like earnings, revenues, profitability, etc. But how do companies, industries, national economies demonstrate 'friendliness'? Is this a purely political and subjective term? Can it be used to influence investors? Or will the 'friend-shoring' trend be a purely regulatory effect, driven by regulations?

There have been metrics and standards created for ESG (Environmental Social Governance), and so can we expect new metrics and standards to be created for 'friendliness'? Who gets to create and set these metrics and standards? Will this be done apolitically, or will it be an entirely political exercise?

Will there be universal buy-in, adherence and compliance? If not, then how can we expect this trend to progress or succeed? Or will this trend just fizzle out?


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